How a Board Portal Can Benefit Your Business

It’s often the Board administrator, secretary of the company or assistant to the chairperson that promotes a portal system for their company. This is because they recognize the potential for improved efficiency and improved governance practices. They also appreciate the time savings that can be made by reducing administrative tasks. This is important as research has revealed that document issues contribute to 21.3 percent of productivity loss in meetings.

It is vital that your portal platform has a high level of security. Data encryption and appropriate security rights that are in line with the standards of global privacy and security are provided. A solid audit trail is vital for businesses operating in environments that are regulated.

The portal provider you choose should also offer 24/7/365 support. This is crucial for those who are unfamiliar with board portals and require assistance in navigating unfamiliar processes. Search for portals with an extensive history of client support and have earned recognition from the industry.

A well-designed portal for your board can bring many advantages. They can help you reduce administrative costs, enhance collaboration and help you stay in line with regulatory requirements. In a world where every dollar is important, it is essential that your company saves as much as it can. Utilize our online calculator to find out how much you could save by switching to the board portal.