The board portal is an important element of an organization’s governance tools. Boards, committees and executive leadership teams use it to improve the workflow of meetings. They can collaborate with confidence, because of the security features, and align on strategic decisions. It also cuts down asus review on the time and cost of physical board materials. The multitude of board software vendors that offer solutions can make it difficult for businesses to choose the right tool. Comparing the various software available for board portals is a great way to narrow options. This involves evaluating the security levels as well as desired tools for managing the board and the quality of service/support.
Decide Your Needs
To begin start by deciding on what is most important for your board portal. This includes an assessment of the number of board members as well as the type of information that you will be sharing. Find out the features required to meet these needs (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). This information can be used to evaluate boards portals and select one that best meets your company’s requirements.
How can you evaluate the security level of your board portal
Board meetings must be held with the highest level of security, since they will be discussing confidential documents and sensitive information. To help ensure your portal is as safe as it can be choose a system that utilizes encrypted confidential files to safeguard against data theft and hacks. A portal with an audit trail will allow you to trace who has accessed and edited documents.