Conducting a Board Portal Software Comparison

The board portal is a vital tool in the governance of an business. It is used by boards, committees and executive leadership teams to enhance meetings workflows, collaborate effectively with security features in place and coordinate on strategic decision-making. It cuts down on time and cost of materials for boards. It can be a challenge for businesses to select the right tool due to the many board software vendors. Comparing software for board portals is a good way to narrow down your options. This includes evaluating security level and desired tools for managing boards and service/support quality.

Choose Your Needs

Decide what is most important to you for your board portal. This includes looking at https://proxynewspro.com/find-out-all-benefits-of-a-virtual-data-room-as-part-of-the-due-diligence-for-the-startup/ the number of board members and the kind of information you will be sharing. Determine the features needed to meet these requirements (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). The information you have gathered can be used to analyze the available board portals and choose one that suits your business’ needs.

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 help ensure your portal is as secure as possible make sure you choose a platform that utilizes encrypted confidential files to protect against hacks and data theft. Additionally, a portal that has an audit trail allows you to track who access to and edited your documents.