The board portal is a crucial tool for governing an organization. It is utilized by committees, boards and executive leadership teams to enhance meeting workflows, work together with security features in place and align on strategic decisions. It also cuts down on the time and cost of physical board materials. The countless board software vendors that provide solutions can make it challenging for businesses to choose the best tool. Comparing software for board portals is a smart way to narrow the choices. This involves evaluating the security level, the desired tools for board management, and support and service.
Know Your Needs
Choose what is most important to you for your board portal. This includes taking a look moved here at the number of board members as well as the type of information you will be sharing. Identify the features that are required to meet these needs (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). The data you’ve collected can be used in evaluating the different portals available to board members and choose one that is best suited to your business’s requirements.
Examining the Security Level of Your Board Portal
Board meetings need to be conducted with the highest level of security as they will be discussing sensitive and confidential documents. Find a system that uses encrypted confidential files to shield your website from hacking and data theft. A portal with an audit trail enables you to trace who has accessed or edited your documents.