Conducting a Board Portal Software Comparison

The board portal is an important element of an organization’s management tools. It is used by committees, boards and executive leadership teams to enhance meeting workflows, and collaborate with security features in place and align on strategic decision-making. It also cuts down on the time and cost of physical board materials. The many companies that offer solutions can make it challenging for organizations to pick the right tool. The best way to narrow down the options is by conducting an evaluation of the software used by boards. This involves evaluating the security levels and desired tools for managing boards and the quality of service/support.

Know Your Needs

Choose what is most important to you for your board portal. This will include assessing how many board members are involved and what type of information you’ll need to share. From there, identify what features are necessary to meet these needs (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). This information can be used to evaluate board portals, and select the one that is most suitable for your business’s needs.

How to evaluate the security of your board portal

Board meetings should have a high level of security, since they will be discussing confidential documents and sensitive information. To ensure that your portal is as safe as it can be you should look for a system that utilizes encrypted confidential files to guard against hacks and data theft. Additionally, a portal which has an audit trail will allow you to track who has accessed and edited documents.

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