Conducting a Board Portal Software Comparison

The board portal is a key element of an organization’s governance tools. It is used by committees, boards and executive leadership teams to optimize meeting workflows, work together using security features and align on strategic decision-making. It also reduces the time and cost of physical board materials. It isn’t easy for companies to select the right tool due to the many different software providers for boards. The best way to narrow down your options is by conducting a board portal software comparison. This includes evaluating security level and desired tools for managing boards and the quality of service/support.

Know Your Needs

To begin start by deciding on the most important aspects for your board portal. This will include the number of board members are involved and what type of information you’ll have to share. Then, determine what features are needed to meet your needs (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). The information you have gathered can be used to analyze the different portals available to board members and select the one that will meet your requirements.

Evaluating the Security Level of Your Board Portal

Board meetings need to be conducted with a high degree of security due to the fact that they will be discussing confidential documents and sensitive information. Find a system that uses encrypted confidential files to shield your website from hacking and data theft. Additionally, a portal which has an more helpful hints audit trail will allow you to track who has accessed and edited documents.

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