The board portal is an important tool for governing an business. Committees, boards, and executive leadership teams utilize it to improve the workflow of meetings. They can collaborate with confidence, because of the security features, and align on strategic decisions. It cuts down on time and cost of materials for boards. It isn’t easy for companies to choose the right software because there are many different software providers for boards. An effective method to narrow your choices is by conducting an evaluation of the software used by boards moved here. This involves evaluating the security level, the desired tools for board management, and service/support.

Determine Your Needs

Decide what is most important to you in your board portal. This includes an assessment of the number of board members and the type of information that you will be sharing. Find out the features needed to meet these requirements (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). This information can be used to evaluate board portals and choose the one that best fits your company’s requirements.

Assessing the Security Level of Your Board Portal

Board meetings must be held with the highest level of security because they are discussing sensitive and confidential documents. To ensure that your portal is as safe as it can be choose a system that utilizes encrypted confidential files to safeguard against data theft and hacks. Additionally, a portal which has an audit trail that allows you to track who access to and edited your documents.