Conducting a Board Portal Software Comparison

The board portal is an important instrument in the governance of an organization. Committees, boards, and executive leadership teams use it to enhance meeting workflows. They can collaborate with confidence, because of the security features, and align on strategic decisions. It also reduces the time and cost of physical board materials. The many companies that offer solutions can make it challenging for organizations to select the right tool. A smart way to narrow down options is to conduct an evaluation of the software used by boards. This includes assessing security level and desired tools for managing boards and the quality of service/support.

Determine Your Needs

To begin the process begin by deciding what is most important for your board portal. This will include assessing the number of board members you will have and what kind of information you will require to share Identify the features that are needed to meet these requirements (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). This information can be used to analyze board portals, and select the one that is most suitable for your company’s requirements.

How to evaluate the security 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 you should look for a system that has encrypted confidential files to guard against data theft and hacks. Additionally, a site that has an audit trail allows you to trace who has access to and edited your documents.