As with corporate boards, nonprofit boards face a myriad of governance issues. They must make important decisions in a time-bound manner and manage the budget of the organization, and ensure that all resources are being used efficiently. They are often staffed partially or entirely by volunteers, and are unable to concentrate on the board. This is why it’s crucial for them to improve their processes and utilize technology to maximize productivity.
Nonprofit board portals are a powerful tool to address these problems. These platforms are specifically designed for boards and offer a collaborative communication hub to assist them in working faster and remain organized. They also offer secure storage of important documents such as agendas for meetings, financial reports, and policy updates.
In facilitating simple, straightforward communication and streamlining meeting management board portals can assist nonprofit organizations to save valuable time and money. Directors of nonprofit organizations can spend more time to fundraising and advocacy. They can also eliminate the need to print and reprint materials for meetings and secure email communications using a tool that allows directors to access board materials anywhere.
It is important to choose the right board portal with full-featured features. It should be able handle all kinds of data, allow multiple users to collaborate on a project, and support various mobile devices. In addition it should be equipped with security features like two-factor authentication, audit trails and encryption methods. It is also recommended to select an option that allows for flexible pricing.