If you conduct meetings online, the potential for technical issues is very high. For example the board members could have poor internet connectivity or his battery may die during the meeting. It is an excellent idea to request remote attendees to test their equipment in advance. You can also offer training and support to ensure that attendees from remote locations are prepared to use the online portal prior to the meeting.

In addition to the basic attributes, it is vital to select a digital boardroom that offers high-end security and compliance. The top online board portals protect your data on the server level and allow you to customize the access of different users to specific documents.

Another vital feature is the capability to record votes. Recording vote results in your virtual meeting room can ensure accountability and transparency, unlike the traditional show of hands system. It will also cut down on the time it takes to prepare board resolutions, and will increase the efficiency in your meetings.

The software should be simple to navigate and understand for all, even if you have less tech-savvy guests. Additionally, it should be compatible with all platforms, including tablets and smartphones. In addition, it must offer a printer-friendly format. Some board members prefer printing documents or presentations, for different reasons. Apart from that the digital boardroom must include chat functions to facilitate quick collaboration.

www.impulsblog.com/the-prospects-of-using-vdr-for-mergers-and-acquisitions

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