The board portal is a key component of a company’s governance tools. It is used by committees, boards and executive leadership teams to optimize meeting workflows, and collaborate using security features and align on strategic decisions. It also cuts down on the time and cost of physical board materials. It isn’t easy for companies to select the right software because there are many board software vendors. Comparing software for board portals is a great method to narrow your choices. This includes evaluating the security level, the desired tools for management of boards, and service/support.
Determine Your Needs
Find out what is most important to you for your board portal. This will include assessing how many board members you will have and what kind of information you will require to share. From there, you can determine what features are needed www.proxynewspro.com/asus-review/best-asus-gaming-pc/ 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 best suits your company’s needs.
Evaluation of the Security Level of Your Board Portal
Board meetings need to be conducted with the highest level of security as they will be discussing confidential documents and sensitive information. Make sure you choose a platform that utilizes encrypted confidential files in order to protect your portal from hacking and data theft. Additionally, a portal that has an audit trail that allows you to track who has opened and edited documents.
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