Conducting a Board Portal Software Comparison

The board portal is an important element of an organization’s governance tools. Boards, committees, as well as executive leadership teams utilize it to streamline meeting workflows. They can collaborate in confidence, because of the security features and be aligned on strategic decisions. It also cuts down on costs and time spent on physical board materials. The numerous companies offering board software that offer solutions can make it difficult for businesses to choose the right tool. One way to narrow your choices is to conduct a comparison of the board portal software. This includes evaluating the security level, as well as tools for board management and support and service.

Assess Your Needs

To begin to begin, you must decide the most important aspects for your board portal. This will include assessing how many board members you will have and what kind of information you will have to share. Identify the features that are required to meet these needs (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). This information can then be used to assess board portals and select the one that best suits 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 secure as you can you should look for a system which uses encrypted confidential files to safeguard against hacks and data theft. A portal that has an audit trail will allow you to monitor who has accessed and edited documents.