Conducting a Board Portal Software Comparison

The board portal is an important component of an organization’s governance tools. Boards, committees, and executive leadership teams utilize it to enhance meeting workflows. They can collaborate in confidence, thanks to the security functions and be aligned on strategic decisions. It helps reduce the time and costs spent on board materials. The countless board software vendors that provide solutions can make it difficult for organizations to select the right software. Comparing software for board portals is a great method to narrow down your options. This involves evaluating the security level, desired tools for managing boards and service/support.

Know Your Needs

Decide what is most important to you for your board portal. This will include taking a look at the number of board members and the kind of information you will be sharing. From there, consider the features required to meet your needs (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 suits your company’s requirements.

How to evaluate the security of your board portal

A high level of security is a must for board meetings, since they will be discussing sensitive and confidential documents. Choose a system that uses encrypted confidential files in order to safeguard your website from hacking and data theft. Additionally, a portal which has an audit trail can allow you to see who has read and edited the documents.

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