Conducting a Board Portal Software Comparison

The board portal is a vital instrument for the management of an business. Boards, committees and executive leadership teams use it to enhance meeting workflows. They can collaborate with confidence, because of the security features, and align on strategic decisions. It can reduce the time and expense spent on materials for boards. The numerous companies offering board software that provide solutions can make it challenging for businesses to choose the right tool. An effective method to narrow your choices is by conducting a board portal software comparison. This can include assessing the security level and desired tools for board management and the quality of service/support.

Determine Your Needs

Determine what is important to you in your board portal. This includes taking a look at the number of board members and the type of information that you will be sharing. From there, identify the features required to meet your needs (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). The information gathered can then be used to evaluate board portals, and select the one that best suits the needs of your company.

How do you assess the security level of your board portal

Board meetings need to be conducted with an extremely secure environment because they are discussing sensitive and confidential documents. Make sure you choose a platform that uses encrypted confidential files to protect your portal from hacking and data theft. Additionally, a portal that has an audit trail will allow you to track who access to and edited your documents.

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