Virtual Data Storage and Board Portal

A virtual portal for data storage and a board portal is an online platform that allows for real-time collaboration between multiple users and secure centralised storage of documents. It allows administrators and directors to work more efficiently without having to email numerous versions of documents or be concerned about them being lost in cluttered email chains. It’s also a useful tool for companies looking to raise funds or sell their businesses since it makes it much easier for potential buyers to access crucial documents of the company.

The board management software from any device connected to the internet and fulfill their governance responsibilities anywhere. They can prepare for meetings, and edit and share documents. They can also debate them before, during and even after meetings. Video conferencing allows them to be part of meetings even if they are not physically present.

Contrary to conventional file-sharing software, VDRs incorporate top-of-the-line security features to guarantee the security of the documents and files stored on the platform. These include data encryption and highly restricted access rights to minimise the possibility of data breaches and theft. It also offers a secure hosting platform as well as uptime statistics for greater reliability.

It also allows organisations to collaborate with partners on projects, regardless of whether they are in the same building. This improves efficiency and allows for better decision making during board meetings. It can also cut down on the amount of time and money selecting the best-fit due diligence software for your business needs spent in gathering and making materials for meetings. iBabs can provide all of these benefits and more using our powerful board portal solution. Request a demonstration to see how it can transform the way your board conducts its meetings.