An online board portal is a computer platform that lets you store and distribute board documents, schedule meetings and conduct votes. The technology can be used to manage meetings and duties to ensure compliance with the regulations. Not all board management software is created to be the same, however. There are many options that offer different functions and come at a variety of price points, making it challenging to choose the right one for your organization. Use the following questions to narrow your options prior to deciding on a board platform:

If you’re a small-scale startup with a small budget or a large corporation that wants to improve the governance and collaboration practices, a board meeting portal can help. The top board meeting portals can reduce administrative costs and enhance discussions as well as bring together participants in the boardroom. They offer a variety of features that make document management and preparation for meetings simpler and more efficient.

Some of the most important characteristics include:

Agendas and documents. Board management software allows you to create and share an agenda, add related documents and topics, and distribute it to attendees prior to the meeting. You can also take notes and create meeting minutes automatically.

It is also possible to use boards of directors portals to manage and store confidential documents. These include pitch decks for telehealth initiatives as well as investment meeting agenda memoirs for seed investors, and agency research reports. The software’s central document repository makes it easy to access and organize all types of files, plus its capabilities to redact can speed up the time it takes for agencies to respond to FOI requests.