Conducting a Board Portal Software Comparison

The board portal is a key component of an organization’s governance tools. Boards, committees and executive leadership teams use it to enhance meeting workflows. They are able to collaborate with confidence due to the security features and be aligned on strategic decisions. It also reduces the time and cost of physical board materials. The countless board software vendors that provide solutions can make it difficult for organizations to pick the right software. One way to narrow down the options is to conduct a comparison of software for boards. This can include assessing the security level, desired board management tools and service/support quality.

Determine Your Needs

Choose what is most important to you in your board portal. This will include determining the number of board members you will have and what kind of information you will require to share. Identify the features that are required to meet these needs (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). This information can then be used to evaluate boards portals and select one that best fits the needs of your company.

How can you evaluate the security of your board portal

A high level of security is a must for board meetings, since they will be discussing sensitive and confidential documents. Find a system that uses encrypted confidential files in order to safeguard your website from data theft and hacking. A portal that has an audit trail will allow you to track https://proxynewspro.com/importance-of-the-virtual-data-room-for-the-mid-market/ who has accessed or edited the documents.

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