Conducting a Board Portal Software Comparison

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The board portal is an essential tool for governing an organization. Committees, boards, and executive leadership teams utilize it to enhance meeting workflows. They are able to collaborate with confidence thanks to the security functions, and align on strategic decisions. It cuts down on time and expenses spent on materials for boards. The multitude of board software vendors that offer solutions can make it challenging for organizations to select the right software. A smart way to narrow down the options is by conducting an evaluation of the software used by boards. This includes assessing security levels, desired board management tools and service/support quality.

Determine Your Needs

To begin start by deciding on what is most important for your board portal. This includes determining the number of board members you have and what kind of information you’ll need to share. Find out the features required to meet these needs (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). The information you have gathered can be used in evaluating the different portals available to board members and choose the one that will meet your needs.

How to evaluate the security of your board portal

A high level of security is essential for board meetings since they discuss sensitive and confidential documents. To ensure your portal is as secure as possible make sure you choose a platform that has encrypted confidential files that protect against hacks and data theft. Furthermore, a portal that has an audit trail allows you to trace who has opened and edited documents.

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