Traditional meetings of directors can cost quite a lot, especially for a corporation with offices in different countries. The company needs to pay for the plane or train tickets and hotel rooms for arriving participants, food, and drinks, a conference room if the office can’t facilitate all the directors, and so on. And then there
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How can virtual board meetings save money? Meetings where everyone shares updates and the board collectively makes important decisions became a natural part of any organization. And if you offer directors to just stop doing that, they will look at you with visible confusion. Because how can they omit such an important thing? Yet, all
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What is a board portal? A board portal is a business tool that’s supposed to help directors spend less time on meetings and improve teamwork and communication. This software reaches these goals by providing board members with a secure repository and numerous features for planning the meetings, discussing matters, making decisions, and so on. A
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Nonprofits usually have to deal with a very limited budget, so often they’d try to cut expenses to the minimum. Yet, not all business tools should be neglected because of the financial struggle. Nonprofit organizations don’t differ much from businesses whose aim is profit — there is just as much governance and work. That’s why
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