The board portal is a crucial tool for governing an business. Boards, committees, as well as executive leadership teams use it to enhance meeting workflows. They can collaborate with confidence, due to the security features, and align on strategic decisions. It also reduces the time and cost of physical board materials. It can be a challenge for businesses to select the appropriate tool, as there are many board software vendors. Comparing the various software available for board portals is a great method to narrow the choices. This involves evaluating the security level, as well as tools for board management, and service/support.

Know Your Needs

Choose what is most important to you for your board portal. This will include assessing how many board members you have and what kind of information you will need to share. Consider the features required to meet these needs (e.g secure messaging, D&O questionnaire help, around-the-clock client support). The information gathered can then be used to analyze board portals and choose the one that best meets the needs of your company.

How can you evaluate the security of your board portal

A high security level is a must for board meetings as they discuss sensitive and confidential documents. Choose a system that uses encrypted confidential files in order to protect your portal from data theft and hacking. Additionally, a portal which has an audit trail that allows you to see who has opened and edited documents.

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