Virtual Boardroom is an online platform for meetings that digitalizes boardroom functions. It also comes with numerous tools to improve efficiency. The most important issues solved by this technology are:
Efficient communication and documentation are crucial to any meeting, but the most efficient method of achieving these goals is to use an electronic solution. A board portal that is specifically designed for board members will allow them to communicate in real-time and provides robust document management.
A digital boardroom allows you to share documents and look over them from any location with internet access. This is a major benefit for those with limited availability or who require meetings at short notice. A centralized environment also means that all materials for meetings can be updated immediately. This means that you don’t have to worry about waiting for hours, or even days to receive a revised version of a board meeting agenda or addendum.
A digital boardroom also helps to solve the issue of recording minutes. By using ready-made templates minutes-takers can make sure that minutes contain only important discussion points and avoid informal discussions and personal opinions which could lead to legal ramifications. The platform lets participants receive follow-up tasks and ensures that all actions are taken.
A virtual meeting is also more secure than an actual meeting. It’s possible that papers can get lost or couriers make mistakes. However, the data in the virtual boardroom is secured and protected from unauthorised access.