A board room online is a platform that lets directors share edit, download, and share board materials to complete their management duties. It’s a simple way to organize meeting details, download minutes, and check director availability. It lets users search files by keywords dates, dates, formats of data or. It also supports a variety of file formats, which makes it easy to build an electronic board book. It also comes with security features and measures, such as electronic signature appliances, video interactions and board meeting recording.
The best online boardrooms have been specifically constructed and designed to facilitate the transition from paper to digital as easy as possible for the entire board. These sites offer easy note-taking capabilities that allow members of the board to highlight and summarize portions of documents prior to meetings. They also provide engagement metrics, so administrators can know what areas of the document that the board should pay attention to.
A board portal that has been specifically created for board meetings can also be less expensive than printing a physical book and then distributing it. In addition, last-minute changes aren’t going to cost you the same amount to create, since they are immediately available in the board room. OnBoard’s board portal ROI Calculator will reveal how the amount of money your board could save by switching to paper-free.
During the pandemic, many businesses decided to hold virtual meetings instead of flying board members to the office. It was a useful tool to help with the lockdown, but it is not advisable to return to in-person meetings after the pandemic. A virtual boardroom is the ideal solution to keep your team in contact, even under the most stressful conditions.