http://www.thedailyboardroom.com/how-to-improve-contract-management
Collaboration and innovation are vital for the board members of technology companies. Board portal software can help you to get more done before, during and after meetings. Comprehensive board management software protects sensitive information, improves the governance and communication of your board and saves time and money.
Board portals are a great alternative to emailing board documents. They offer an encrypted platform that stores and delivers board documents in a format that is easily accessible. Multi-factor authentication that requires a password and a unique code to enter, minimizes security risk. Availability messages are used to ensure that directors connect to portals prior access. Board of directors portals also come with a dedicated audit log that documents the details of every transaction that ensure transparency and compliance with internal data policies.
After connecting to the portal, directors can view the upcoming meeting and their agenda items on a dashboard that shows the agenda, scheduled tasks, and assigned polls. They can also join remote video meetings with a single click. These will automatically sync to their preferred web-based conferencing tools and appear on their dashboard.
After the meeting A single click can convert agenda items into draft minutes of the meeting and can be distributed for approval from any device. Unlike free editions of online file-sharing services that create security risks, dedicated portals offer integrated support for the governance of an organization and can be used with devices directors already utilize. The best options are those that offer features that increase participation of board members, working the same way as board members. This makes them more user-friendly than traditional board books or paper-based processes.