How a Board Portal Can Benefit Your Business

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It’s typically the Board administrator, secretary of the company or assistant to the chairperson that advocate a portal solution for their organisation. This is because they recognize the potential for improved efficiency and enhanced governance practices. They also appreciate the savings in time that can be realized through reducing administrative tasks. It is important to note that research shows that issues with documents contribute to 21,3% of the productivity loss in meetings.

It is crucial that the portal platform you select offers an adequate level of security. Data encryption and appropriate security rights that conform to the global standards for privacy and security are provided. Additionally, a thorough audit trail is vital to meet the requirements of businesses operating in regulated environments.

In addition to this, your chosen portal provider must provide 24/7/365 support service. This is crucial for those who are new to the world of board portals and require assistance in navigating the unfamiliar process. Choose a portal that has demonstrated track records in client support, and that have been recognized by the industry.

The benefits of a well-implemented board portal are huge. They can help you reduce administrative costs, enhance collaboration and keep you compliant with regulatory requirements. In a world in which every dollar counts, your organization must save as much as it can. You can make use of our calculator online to determine how much savings you could make by switching to board portal.

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