Due to the rapid development of innovative technologies, a new business tool has appeared – board portal meetings. This technology allows you to save on business trips, renting a hall, and other trifles that, if overlooked, can disrupt a planned event.
The Online Meeting Software as an Important Part of Organizing Your Business
New times dictate new approaches to familiar processes. And if earlier virtual board meetings were a kind of addition to direct communications, now they are often the only way to organize effective interaction between employees.
The purpose of online meeting software is to provide practical and actionable guidance for effective telecommuting for a wide range of people, to support policymakers in improving existing policies, and to create a flexible framework through which private enterprises and public organizations can shape and adjust their own policies and the practice of telecommuting.
An online meeting software can be an important part of an organization in any context of a business continuity plan. In the event of unforeseen circumstances (extreme weather, terrorism, pandemic) that disrupt the normal work process in offices and workplaces, teleworking allows you to work outside the office and keep the organization functioning.
What Are the Biggest Benefits of Online Board Portal Meetings?
- Preparation is much cheaper.
Online events do not require travel, accommodation, and venue costs. As a result, their profitability can be significantly higher than that of offline events. More than a third of US marketers say the average cost per event visitor is between $ 500 and $ 1,000. You can invest the money saved in planning side events or spend it on quality merchandise for your invitees.
- It takes less time to plan and promote.
When there is no need to organize trips, delivery of equipment and products, less time is spent on planning. On average, you need three to four weeks to plan an online event, as opposed to six to eight (or more) weeks for an offline event. In a survey of nearly 3,000 marketers, more than half said it could take as little as 2 weeks to plan a small virtual event.
- Online events fit more easily into the life and schedule of the participants.
Traveling is a challenge for busy executives and anyone with household and family responsibilities. This means that most people have previously attended fewer events than they would like. Now that so many events are going virtual, people can attend more often than ever before.
- Virtual board meetings fosters rapprochement.
- You step out of your isolation to see how your work fits into the big picture.
- Online events will help you find potential clients from all over the world.
When organizing offline events, geography is always the limiting factor. However, virtual events can attract visitors from all over the world. If you are in a global business or planning to enter the international market, then this is a huge advantage.
- Better suited to niche topics.
Since online events are cheaper and attract attendees from different geographic locations, it has become much more profitable to focus them on niche topics. You can impress potential customers with your depth of knowledge and stand out from the crowd of standard events.
- You can get ideas from colleagues and share them.
- Being in an online board portal, you are more likely to get a boost of inspiration.