The board portal is an important instrument for the management of an organization. Boards, committees, as well as executive leadership teams utilize it to optimize meeting workflows. They can collaborate with confidence, because of the security features, and align on strategic decisions. It also cuts down on costs and time spent on physical board materials. It is often difficult for organizations to choose the right tool due to the many board software vendors. Comparing the various software available for board portals is a great method to narrow the choices. This includes evaluating the security level, desired tools for managing boards and service/support.
Choose Your Needs
To begin the process to begin, you must decide what is most important to your board portal. This includes assessing the number of board members you have and what kind of information you will have to share. Consider 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 boards portals and select one that best suits your company’s requirements.
How do you assess the security of your board portal
A high level of security is a must for board meetings, since they discuss sensitive and confidential documents. To ensure your portal is as secure as you can make sure you choose a platform that utilizes encrypted confidential files to safeguard against hacks and data theft. A portal with an audit trail enables you to keep track i loved this of who has accessed or edited documents.