A board room platform is a software application that facilitates online meetings with business partners. It streamlines information exchange and making decisions to ensure a positive outcome of the meeting. It also enhances board member efficiency and boosts overall governance.
A quality online meeting platform will have numerous advanced tools that simplify the process for everyone involved. The tool will have a unique login and password for each participant, two-factor authentication video conferencing, two-factor verification, and many more. These features safeguard the meeting from unauthorised access and also prevent information from being sold to third parties.
The platform for meetings should feature a document management system that allows members to upload and download files in a safe environment. It will include the ability to search and sort and the possibility of marking documents as private or public. It will also provide several tools to aid with the presentation and review during meetings. This includes the ability to synchronize pages and laser pointers. The tool should also have an electronic signature option that will enable members to sign documents online without the need for paper or faxes.
Going paperless can save the board a substantial amount of money by eliminating the need for costly materials as well as distribution and labor. It also reduces the chance of pages being lost or stolen. The digital boardroom will store unlimited documents on cloud storage, as well as allow for easy editing and sharing.