Board Portals for Nonprofits
The National Center for Charitable Statistics reports that there are more than 1.5 million non-profit organizations operating https://boardroomtx.com/why-board-data-rooms-are-key-for-managing-sensitive-documents/ across the United States. These organizations are responsible for making decisions and governing their charitable activities and also managing the funds that the stakeholders have given to them. A portal for boards can assist nonprofit boards that have budgets that are often stretched beyond their boundaries. A good board portal can assist nonprofits in making the most of their resources by streamlining the process of meetings, reducing costs, and boosting productivity over time.
A good board management system has meeting tools such as live remote meetings, video conferencing, and page synchronization, which can be used by nonprofits to have efficient, productive and effective sessions. In addition, certain software solutions, such as Convene also allow collaboration with other tools that nonprofits may be using like Microsoft Teams and DocuSign, permitting them to collaborate and connect efficiently and effectively.
Security features are another crucial aspect to look out for when choosing a board of director portal. Security is a top concern for non-profit organizations that handle sensitive information such as financial information, funding, and donors’ names. A reputable board software solution will provide granular user permissions encryption, remote wipe and capabilities to protect confidential data.
A reputable nonprofit board management system is also an easy-to-use navigation system and multiplatform access so that your nonprofit’s board members can participate from any device or platform they choose to use. E-signature is a great method to reduce time, increase governance, and boost efficiency in the boardroom. Additionally, certain board management systems have unlimited storage capacity, meaning that all your nonprofit’s documents can be securely stored in one place.