Conducting a Board Portal Software Comparison

The board portal is an essential tool for governing an organization. Boards, committees, and executive leadership teams utilize it to streamline meeting workflows. They can collaborate in confidence, due to the security features and be aligned on strategic decisions. It also reduces costs and time spent on physical board materials. It can be a challenge for businesses to select the right tool due to the many software companies that offer board management. Comparing the various software available for board portals is a great method to narrow your choices. This includes evaluating the security level, desired tools for board management and service/support.

Know Your Needs

To begin, decide on what is most important to your board portal. This includes assessing the number of board members and the type of information that you will be sharing. From there, identify the features that are required to meet those needs (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). This information can then be used to evaluate boards portals and select one that best fits the needs of your company.

How can you determine the security of your board portal

A high security level is essential for board meetings, as they discuss sensitive and confidential documents. To ensure that your website is as secure as possible, look for a system that uses encrypted confidential files to safeguard against data theft and hacks. Additionally, a site that has an audit trail that allows you to trace who has accessed and edited documents.

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