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How to Select Board Portal Software

By August 7, 2024No Comments

Board portal software is a powerful tool to help companies improve their governance. Which vendor should you choose out of the many available? When you are interacting with potential vendors during demos, there are some key questions to ask that will help you choose the best software for your needs.

How easy is the platform available for members to use? The board member’s experience is crucial, whether it’s through a simple interface or a more complex application. Look for features that guarantee your directors can navigate the system without requiring extensive training. Also, check how easy it is to add directors, upload material and alter the assignment of licenses for board admins.

Are there features that facilitate efficient gathering of data during meetings? Look for tools like live chat, polling, and Q&A. These will enable all participants to give feedback and share their ideas in real-time. This will ensure that everyone is fully involved and the board can make informed decisions during online meetings.

Is it easy to create and distribute meeting minutes? Look for features that permit you to create an agenda virtual data room pricing for meetings and then automatically generate a draft of the minutes. This will free you from having to manage multiple spreadsheets or Word documents that include complete notes of meetings.

Do you offer options that allow directors to work in between meetings? Look for task managers with clearly defined deadlines and responsibilities to ensure that everyone isn’t unclear about who is responsible for what.

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