The board portal is an important component of an organization’s governance tools. It is used by boards, committees and executive leadership teams to improve meetings workflows, collaborate effectively with security features in place and align on strategic decision-making. It also reduces costs and time spent on physical board materials. It can be difficult for organizations to select the best tool, as there are many board software vendors. Comparing board portal software is a good way to narrow your choices. This includes evaluating the security level, as well as tools for managing boards and support and service.
Know Your Needs
To begin to begin, you must decide what is most important to your board portal. This will include assessing the number of board members are involved and what type of information you will need to disclose. Consider the features read needed to meet these requirements (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). The data you’ve collected can be used to assess the various portals for board members and select the one that suits your business’ needs.
Evaluation of the Security Level of Your Board Portal
A high level of security is essential for board meetings since they discuss sensitive and confidential documents. To ensure that your website is as secure as you can, look for a system which uses encrypted confidential files that protect against hacks and data theft. Furthermore, a portal that has an audit trail will allow you to see who has opened and edited documents.