Software board is a software platform to build data models that facilitate business intelligence and workflow management. It also provides predictive analytics and assists companies maintain control of their performance. The software can be used in a variety of contexts including strategic planning and budgeting. Its user interface that is unifying makes it easy to access the information that is most relevant to your decision making process.
When selecting a board portal ensure that it meets your organization’s requirements for governance. Look for a board portal that provides features like secure access to both the board member and the administrator to agendas, meeting materials, and boards packs. Other features include electronic signatures, encryption, digitally recorded meeting, and post-meeting task.
Another important aspect is the accessibility of customer support. It is recommended to choose an online provider that provides live phone support and web support and is committed to helping customers use the software efficiently. If you have board members who are averse to new technology, begin slowly on the digital journey. Demonstrate the solution to them and let them run a few meeting cycles in parallel with their old procedures to give them a fallback option.
Board portals are extremely adaptable and meet the needs of organisations of any size. For instance, they could aid private Boards in their critical decision-making work that shapes the future structure of their businesses and public Boards in their strict compliance obligations. They can also be used to simplify the distribution of information to non-Board stakeholder groups.