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Virtual Board Portals

Board portals are hubs for managing meetings that are secure. Board portals allow members to spend less time on administrative tasks and more time in governing. A well-designed board portal eliminates the cost of printing and distributing physical board materials. Ideally, board papers should be sent out at minimum two to three days prior to […]

27/06/2024 00h00

Board portals are hubs for managing meetings that are secure. Board portals allow members to spend less time on administrative tasks and more time in governing. A well-designed board portal eliminates the cost of printing and distributing physical board materials.

Ideally, board papers should be sent out at minimum two to three days prior to the meeting, so that directors can go through the documents prior to the meeting. This allows the board to review and discuss each document in advance. This is also the ideal time to make sure that all directors are informed about any changes made to the initial report, or any additional information included in an update.

Boards can benefit from a broad set of tools that allow them to effectively prepare for and conduct meetings, as well as share files, collaborate with colleagues and committees, and record minutes following each meeting. Moreover they must be in a position to provide their stakeholders with a single source of truth for the most up-to-date accurate, complete and accurate materials for boards.

To get the most effective results from your portal, choose an IT provider who is willing to communicate directly with your IT team and take into account the specific security requirements of your organization. Make sure the application you select is ISO 27001-compliant, has encryption in transit and rest, and offers granular control of authentication and access. It should also provide 24/7 support via an in-house team of specialists. It is also crucial to ensure that the board portal vendor is regularly subjected to external audits and penetration tests.

https://vdr-soft.net/effective-tips-for-board-meeting-minutes/

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