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Conducting a Board Portal Software Comparison

Conducting a Board Portal Software Comparison

The board portal is a crucial tool for governing an company. It is used by boards, committees and executive leadership teams to enhance meeting workflows, and collaborate using security features and to align on strategic decisions. It also cuts down on the time and cost of physical board materials. The numerous companies offering board software that offer solutions can make it challenging for organizations to select the right software. Comparing the various software available for board portals is a great way to narrow your choices. This includes assessing the security level, preferred tools for management of boards, and service/support.

Choose Your Needs

Decide what is most important to you in your board portal. This will include assessing the number of board members and the type of information that you will be sharing. Then, determine the features that are required to meet the needs of your board (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). This information can later be used to evaluate board portals and select the one that best meets your business’s needs.

How can you determine the security of your board portal

A high level of security is essential for board meetings as they are where confidential and sensitive documents. Find a system that uses encrypted confidential files to shield your website from data theft and hacking. A portal that has an audit trail enables you to keep track of who has accessed or edited documents.

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