It’s usually the Board administrator, company secretary or assistant to the chairperson who advocate a portal solution for their company. This is typically due to their recognition of the potential to increase efficiency and enhanced governance practices. They also recognize the time savings that could be made by reducing administrative duties. This is crucial as research shows that document-related issues contribute to 21.3 percent of productivity loss Best Android Phones in meetings.
It is crucial that the portal provides a superior level of security. This includes data encryption as well as appropriate security permissions that meet the global privacy and security standards. In addition, a robust audit trail is also critical to meet the requirements of companies operating in controlled environments.
Additionally, your chosen portal provider should provide a 24 hour/365 support service. This is especially important for those who are unfamiliar with board portals and require assistance in navigating unfamiliar processes. Look for portals that have an extensive track record of client assistance and have earned recognition from the industry.
The benefits of a properly-designed board portal are huge. They can assist you in reducing administration, encourage better collaboration and keep you compliant with the regulatory requirements. In an era where every penny matters, it is vital that your business saves as much as it can. Utilize our online calculator to find out how you can save switching to an online board portal.