The board of directors has the responsibility of guiding the organization’s strategic direction as well as supervise its executive leadership. It’s a big job that requires commitment and time as well as effective communication. To ensure that the meeting process runs smoothly, here’s a list of the top features of the board of directors portal.
Secure Document Storage
With a board of directors portal that is secure, all of your personal information is stored safely in one location. This is crucial since it means that if there are any changes to materials for the board or meeting minutes they can be quickly and easily updated without the fear of exposing sensitive information.
This feature also helps directors to access and read meeting documents prior to the time that the board meets. The ability to note or highlight important points prior to the meeting allows directors to stay focused and prepared for the meeting. This can lead to more productive and effective meetings that in turn enhance corporate governance.
Another feature that is great is the instant updating of meeting minutes and boardbooks. The ability to access and interact with these reports on any device is essential particularly during the COVID-19 outbreak, when traditional four-year universities saw record decreases in enrollment. By providing directors with an easy-to-use boardroom solution higher education boards can continue to work on their strategic plans even when face-to-face meetings aren’t feasible.
The eSignature feature lets board members to digitally sign minutes and documents. It’s a secure and efficient option for administrators and board members, so that they are able to avoid the risk of lost or stolen documents. It’s also useful for controlling the flow of information and making sure that all board members have the features of the board of directors portal chance to express their opinions on a variety of topics prior to voting.
