The board portal is a crucial instrument in the governance of an business. It is used by boards, committees and executive leadership teams to enhance meetings workflows, collaborate effectively using security features and to align on strategic decisions. It also cuts down on costs and time spent on physical board materials. The many companies that provide solutions can make it challenging for organizations to select the best tool. One way to narrow down the options is to conduct a board portal software comparison. This involves evaluating the security level, as well as tools for board management, and support and service.
Make a decision about your needs
Find out what is most important to you for your board portal. This will include assessing the number of board members as well as the kind of information you will be sharing. Determine the features needed to meet these requirements (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). This information can then be used to assess board portals and choose the one that best fits your business’s needs.
How can you determine the security of your board portal
Board meetings must be held with the highest level of security due to the fact that they will be discussing confidential and sensitive documents. To ensure that your website is as secure as you can make sure you choose a platform that utilizes encrypted confidential files to safeguard against hacks and data theft. Furthermore, a portal that has an audit trail will allow you to track who has read and edited the documents.