Conducting a Board Portal Software Comparison

by Nam Dinh

The board portal is a key element of an organization’s governance tools. Boards, committees, as well as executive leadership teams use it to improve the workflow of meetings. They can collaborate with confidence, thanks to the security features and can align on strategic decisions. It cuts down on time and expenses spent on materials for boards. It can be difficult for organizations to choose the right software because there are many software companies that offer board management. The best way to narrow your choices is to conduct a board portal software comparison. This includes assessing the security level, as well as tools for management of boards, and service/support.

Decide Your Needs

Find out what is most important to you for your board portal. This includes assessing the number of board members you will have and what kind of information you’ll have to share. Determine 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 to analyze the board portals available and select the one that is best suited to your business’s requirements.

How to evaluate the security of your board portal

Board meetings must be held with the highest level of security, since they will be discussing sensitive and confidential documents. Look for a system which uses encrypted confidential files in order to shield your website from hacking and data theft. Furthermore, a portal that has an audit trail allows you to track who has accessed and edited documents.

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