Conducting a Board Portal Software Comparison

The board portal is a crucial element of an organization’s management tools. It is used by boards, committees and executive leadership teams to optimize meetings workflows, collaborate effectively using security features and to align on strategic decisions. It also cuts down on the time and cost of physical board materials. It isn’t easy for companies to select the best software because there are many software companies that offer board management. The best way to narrow down options is by conducting an evaluation of the software used by boards. This includes evaluating the security level, preferred tools for board management and service/support.

Make a decision about your needs

To begin begin by deciding the most important aspects for your board portal. This includes looking at the number of board members as well as the type of information you will be sharing. From there, identify what features are necessary 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 assess the available board portals and select the one that is best suited to your business’s needs.

How can you evaluate the security of your board portal

Board meetings need to be conducted with an extremely secure environment because they are discussing confidential and sensitive documents. To ensure that your website is as safe as it can be make sure you choose a platform that utilizes encrypted confidential files to safeguard against data theft and hacks. Additionally, a portal which has an audit trail allows you to trace who has opened and edited documents.

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