A virtual board portal and data storage is a platform for digital data intended for secure centralised storage of files and real-time collaboration among multiple users. It allows administrators and directors to work more effectively without having to send numerous versions of documents, or be concerned about them being embracing cloud technology for scalability lost in a cluttered email chain. It’s also a great instrument for companies looking to raise funds or sell their businesses since it makes it easier for prospective buyers to gain access to important company records.

The board management software from any device with internet connectivity and perform their governance duties from anywhere. They can prepare for meetings, edit and share documents. They can also debate them prior to or after meetings. Video conferencing lets them be part of meetings even if they are not physically present.

VDRs, unlike conventional file-sharing software, include the latest security features to make sure that the files and documents on the platform are kept secret. Data encryption and severely restricted access rights are just a few of the features that help minimise the risk of data breaches and information theft. It also provides a secure platform for hosting and uptime statistics to improve the reliability.

In addition, it enables organizations to collaborate on projects with partners regardless of whether they’re in the same location or continent. This improves efficiency and facilitates better decision making during board meetings. Moreover, it can reduce the time and costs of preparing and collecting meeting materials. iBabs gives you all these advantages and more through our robust board portal. Request a demonstration to learn how it can alter the method your board conducts meetings.