Conducting a Board Portal Software Comparison

The board portal is an essential tool in the governance of an company. Boards, committees and executive leadership teams utilize it to streamline meeting workflows. They can collaborate with confidence, thanks to the security features, and align on strategic decisions. It can reduce the time and costs spent on materials for boards. It can be a challenge for businesses to select the appropriate tool due to the many companies offering software for boards. The best way to narrow down the options is by conducting a comparison of software for boards. This includes assessing security levels and desired tools for board management and service/support quality.

Make a decision about your needs

Find out what is most important to you in your board portal. This will include an assessment of the number of board members as well as the type of information you will be sharing. From there, identify 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). The information you have gathered can be used to evaluate the different portals available to board members and select the one that will meet your requirements.

How do you assess the security level of your board portal

A high security level is a must for board meetings as they will be discussing sensitive and confidential documents. To ensure that your website is as secure as you can you should look for a system that has encrypted confidential files to protect against data theft and hacks. A portal with an audit trail enables you to keep track of who has accessed or edited the documents.

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