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The board portal is an essential tool for governing an organization. It is used by boards, committees and executive leadership teams to improve meetings workflows, collaborate effectively with security features in place and coordinate on strategic decisions. It reduces the time and expenses spent on materials for boards. It is often difficult for organizations to select the right software because there are many companies offering software for boards. Comparing board portal software is a smart way to narrow options. This includes evaluating security level, desired board management tools and service/support quality.
Determine Your Needs
To begin the process start by deciding on what is most important for your board portal. This includes taking a look at the number of board members and the type of information that you will be sharing. Consider the features required to meet these needs (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). The data you’ve collected can be used to assess the available board portals and choose the one that suits your business’ needs.
Evaluation of the Security Level of Your Board Portal
A high level of security is essential for board meetings since they are where confidential and sensitive documents. Find a system that uses encrypted confidential files in order to safeguard your website from hacking and data theft. A portal with an audit trail lets you to track who has accessed or edited the documents.
