Board Portals for Nonprofits
The National Center for Charitable Statistics estimates that there are more than 1.5 million nonprofit organizations in the United States. They are charged with making decisions and governing their charitable goals as well as managing the funds that stakeholders have entrusted to them. With budgets that are often stretched to the limit boards of nonprofits can benefit from a digital transformation by using a board portal. A good board portal can aid nonprofits https://boardroomtx.com/why-board-data-rooms-are-key-for-managing-sensitive-documents/ in getting the most of their resources, by streamlining meetings processes, cutting costs, and increasing efficiency over time.
A top-quality board management software includes meeting tools such as video conferences, page synchronization and live remote meetings. These tools can be used to facilitate efficient productive and efficient sessions. Certain software applications such as Convene, also allow collaboration with other tools nonprofits may use, like Microsoft Teams and DocuSign. This lets them communicate and collaborate effortlessly and efficiently.
Security features are an additional aspect to look out for when selecting a board of director portal. Since nonprofits handle sensitive information such as financial data, fund-raising and identifiable donors, cybersecurity must be a top priority. A reliable software solution for boards should have high-level permissions, encryption and remote wiping capabilities to safeguard confidential data.
A great nonprofit board management system will also have an easy-to-use navigation system and multiplatform access to ensure that your organization’s board members can interact with any device or platform they choose to use. E-signature features are a great way to save time, increase governance and increase efficiency in the boardroom. Some board management software systems offer unlimited storage, allowing you to store all your documents for your nonprofit on one platform.
