Virtual Data Storage and Board Portal

A virtual board portal is an online platform that allows for real-time collaboration between many users and secure centralised storage of documents. It allows administrators and directors to be more efficient without having to send multiple versions of documents via email or risk them getting lost among cluttered email chains. It’s also a fantastic tool for companies looking to raise funds or sell their businesses since it makes it much easier for prospective buyers to gain access to important company records.

Stakeholders have access to the board management software from any device connected to the internet and perform their governance duties from any location. They can prepare for meetings, edit and share documents and discuss them prior to meetings, as well as after. Video conferencing lets them participate in meetings even though they are not physically present.

In contrast to traditional file-sharing tools, VDRs incorporate top-of-the-line security features to guarantee the security of documents and files stored on the platform. These include encryption for data and highly restricted access rights to limit the chance of data breaches as well as information theft. It also offers a reliable platform for hosting and statistics on uptime to increase reliability.

It also permits organizations to collaborate with partners on projects regardless of whether they are located within the same building. This improves efficiency and facilitates better decision-making during board meetings. Furthermore, it helps reduce make informed decisions using data-driven board portal features expenses and time spent making and collecting meeting materials. iBabs provides all of these benefits and more using our robust board portal. Request a demonstration to learn how it can improve the how your board conducts its meetings.