http://www.thedailyboardroom.com/how-to-compare-the-best-virtual-data-rooms
The portal for board of directors is an efficient tool for security that streamlines boardroom operations for directors, executive officers and company leaders. It lets members communicate confidential information, collaborate and make decisions through a central platform that can be accessed from any device. It was designed to provide users a simple, consistent method of accessing materials from meetings and participate in discussions.
As businesses seek to modernize boardroom processes, board management software is gaining in popularity. In many instances, this means moving from traditional approaches to stakeholder governance — where boards consider the long-term creation of value for their employees, customers communities, the environment and their employees and shareholder returns.
A board portal can be an effective way for organizations to adopt this new approach that facilitates collaboration and collaboration. It assists boards of directors in preparing for the new challenges ahead and allows them to adopt new strategies that can help their companies be competitive in the current and future business landscape.
A portal for board of directors is packed with features, including the ability to store important data and KPIs in one location it is possible to monitor performance in real time, the option of online voting as well as other features. Directors can stay up-to-date on the latest issues and collaborate as well as participate in meetings even when they are not physically present.
Board portals are also an efficient method to send documents than by email. If a board member is provided with documents prior to a meeting, they can go through and mark it up prior to the actual meeting, which makes them more prepared for discussion and making sure that they are fully engaged during the session. In addition, it is important to have a system that allows directors to easily access the portal on their mobile devices.