The use of board portal software is now a standard feature for organizations that wish to streamline the management of meetings which will increase productivity and make governance more effective. The trend is global and is fueled by a myriad of factors which include an increase in need for transparency and risk mitigation from regulatory bodies, a rise in the number of tech-savvy leaders joining boards, the capacity to reduce costs by gaining efficiency improvements and an increasing desire to recruit younger directors with strong technology backgrounds.

The full capabilities of modern board portals means that organisation officials can manage everything they require for their meetings in a single platform. This allows them to reduce time and cost by the use of different tools for tasks like document management and communication, as well as voting. It also enables them to concentrate on the preparation of meetings and the dissemination of information that is of the highest quality that contributes to successful board meetings.

Board members should be able to access the most current data and documents to make informed choices in accordance with the goals of their business. Digital board portals let directors collaborate on documents and comments with other members in real time regardless of where they are or device. They allow for anonymous voting to be done on sensitive issues.

Modern board portals provide a “anytime and anyplace” remote access that lets directors access their work from any device or location without the need for specialized software. They can work from home at a restaurant, from an airport, or on the move.