Virtual Data Storage and Board Portal

A virtual data storage and board portal is a digital platform that is designed for secure centralised storage of files and real-time communication between multiple users. It allows administrators and directors to work more effectively without having to email numerous versions of documents or perhaps risk losing them in cluttered email chains. It’s a fantastic option for companies seeking to raise funds or sell their business, because it makes it much easier for prospective buyers to access vital records.

Stakeholders can access the application for managing boards from any device or place that is connected to the internet. They can fulfill their governance duties from anywhere. They can prepare for meetings, edit and share documents. They can also discuss them before, during and even after meetings. Video conferencing allows them to participate in meetings even if they aren’t physically present.

VDRs unlike traditional software for sharing files, are equipped with the modern security features to ensure that the documents and files on the platform are kept confidential. Data encryption and tightly controlled access rights are just a few of the make informed decisions using data-driven board portal features features that help minimise the possibility of data breaches or information theft. It also provides a stable hosting platform and uptime statistics for greater reliability.

It also permits organizations to collaborate with partners on projects regardless of whether they are located within the same building. This increases efficiency and promotes better decision-making during board meetings. Additionally, it reduces expenses and time spent gathering and preparing materials for meetings. iBabs the powerful board portal solution can provide all of these benefits and more. Request a demo to see how it can alter the way your board conducts its meetings.