The board portal is a vital tool in the governance of an company. Boards, committees, and executive leadership teams utilize it to optimize meeting workflows. They can collaborate with confidence due to the security features and be aligned on strategic decisions. It cuts down on time and cost of materials for boards. The countless board software vendors that provide solutions can make it difficult for companies to choose the right tool. Comparing the various software available for board portals is a good way to narrow the choices. This can include assessing the security levels, desired board management tools and service/support quality.

Know Your Needs

Choose what is most important to you in your board portal. This includes click now an assessment of the number of board members as well as the type of information you will be sharing. Then, determine the features that are required to meet those needs (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). The data you’ve collected can be used to analyze the board portals available and choose the one that will meet your needs.

Examining the Security Level of Your Board Portal

Board meetings should have a high degree of security, since they will be discussing confidential documents and sensitive information. To help ensure your portal is as safe as it can be you should look for a system that utilizes encrypted confidential files that protect against data theft and hacks. Additionally, a portal which has an audit trail will allow you to track who read and edited the documents.