The board portal is a crucial instrument in the governance of an company. Committees, boards, and executive leadership teams use it to enhance meeting workflows. They can collaborate in confidence, due to the security features, and align on strategic decisions. It helps reduce the time and expenses spent on materials for boards. The multitude of board software vendors that provide solutions can make it difficult for organizations to select the right software. Comparing board portal software is a great way to narrow options. This includes assessing the security level, as well as tools for management of boards, and support and service.
Choose Your Needs
Decide what is most important to you in your board portal. This includes assessing the number of board members you will have and what kind of information you’ll need to share. Then, determine the features required to meet these needs (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). The information you have gathered can be used to analyze the various portals for board members and choose the one that best will meet your needs.
Examining the Security Level of Your Board Portal
A high security level is a must for board meetings, as they are where confidential and sensitive documents. Look for a system which utilizes encrypted confidential files in order to safeguard your website from data theft and hacking. A portal with an audit trail enables you to track who has accessed or edited documents.