The board portal is a crucial element of an organization’s governance tools. It is used by committees, boards and executive leadership teams to optimize meeting workflows, collaborate confidently using security features and to align on strategic decisions. It reduces the time and expense spent on board materials. The numerous companies offering board software that offer solutions can make it challenging for businesses to choose the right software. The best way to narrow down options is by conducting a board portal software comparison. This can include assessing the security level and desired tools for managing boards and service/support quality.
Choose Your Needs
To begin begin by deciding what is most important to your board portal. This will include assessing the number of board members and the kind of information you will be sharing. From there, consider what features are necessary to meet the needs of your board (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). The information gathered can then be used to evaluate board portals and choose the one that is most suitable for your company’s needs.
How can you evaluate the security of your board portal
A high level of security is a must for board meetings since they will be discussing sensitive and confidential documents. Look for a system which uses encrypted confidential files to protect your website from data theft and hacking. Additionally, a portal which has an audit trail allows you to track who has access to and edited your documents.