http://www.thedailyboardroom.com/board-meeting-voting-terminology
Board portal software is becoming a standard feature in organisations who are seeking to simplify their meetings management processes, increase productivity, and enhance governance. This trend is globally-wide, and it is driven by a myriad of factors, such as the growing demand for transparency and risk reduction from regulators, a rise in the number of tech-savvy leaders joining boards, as well as the ability to reduce cost through efficiency gains.
Modern board portals offer many options that allow the officials to manage all aspects of their meetings from the same platform. They can reduce costs and time by utilizing a single platform to handle tasks like document management, communications, and voting. This allows them to concentrate more on meeting preparation, and the presentation of high-quality information that is essential to successful board meetings.
Board members need to have access to the most recent data analysis and documents to make informed decisions that are in line with the company’s goals. Digital board portals let directors collaborate on documents and make comments with others in a single session regardless of location or device. They also offer the option for anonymous voting on sensitive issues.
Modern board portals provide a ‘anytime and anywhere’ remote access that lets directors log on from any device or location without the need for specialized software. Directors can work from their home at a restaurant, from an airport, or on the move.
