Conducting a Board Portal Software Comparison

The board portal is a key component of a company’s governance tools. Boards, committees, as well as executive leadership teams use it to enhance meeting workflows. They can collaborate in confidence, thanks to the security features, and align on strategic decisions. It can reduce the time and cost of board materials. It can be a challenge for businesses to select the right tool due to the many different software providers for boards. A smart way to narrow your choices is to conduct a comparison of software for boards. This involves evaluating the security level, desired tools for management of boards, and service/support.

Know Your Needs

To begin, decide on what is most important to your board portal. This will include assessing how many board members you will have and what kind of information you will have to share. Then, determine what features are necessary to meet these needs (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). The information you’ve gathered can be used to analyze the various portals for board members and choose one that suits your business’ needs.

Assessing the Security Level of Your Board Portal

Board meetings should have a high degree of security, since they will be discussing sensitive and confidential documents. Make sure you choose a platform that utilizes encrypted confidential files to protect your website from data theft and hacking. A portal that has an audit trail will allow you to trace who has accessed moved here and edited documents.