In the present, board management technology is an essential tool for all types of organizations. Financial services, corporations and nonprofits, as well as other organizations are utilizing technology to improve transparency of data, increase accountability, and provide a better meeting experience.
In contrast to traditional email and shared drives, board portals focus on security by ensuring sensitive information can only be accessed by the authorized users. Data encryption is available both in transit and during storage. Multi-factor authentication and secure cloud hosting are in place to guard against cyberattacks. Many even have the ability to permanently deletion of all notes and annotations, and discussions – mitigating risk by ensuring deleted files can’t be retrieved from a backup server or file.
A board portal that is well-designed not just have strong security features but also include a number of time-saving tools for both board members. For example, a board portal should allow users to quickly find and access crucial information such as agendas, all related documents, and meeting minutes. It should also allow board members to communicate before, during and after meetings. They can prepare for meetings with efficiency, attend meetings effectively and contribute their knowledge and insights.
A great board management platform should be user-friendly and cost-effective. The cost should include unlimited meetings and users per month and unlimited storage. It should also offer the best customer service. Then, you can concentrate on other important things such as improving your governance and providing a great board experience to your stakeholders.
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