Conducting a Board Portal Software Comparison

The board portal is a key element of an organization’s governance tools. Boards, committees, as well as executive leadership teams utilize it to streamline meeting workflows. They can collaborate with confidence, thanks to the security features and can align on strategic decisions. It also cuts down on costs and time spent on physical board materials. It can be a challenge for businesses to select the right tool due to the many different software providers for boards. Comparing board portal software is a great way to narrow options. This includes evaluating the security level, desired tools for board management, and support and service.

Know Your Needs

Decide what is most important to you in your board portal. This includes an assessment of the number of board members and the type of information that you will be sharing. From there, you can determine what features are needed to meet those needs (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). The information you have gathered can be used in evaluating the board portals available and choose the one that is best suited to your business’s needs.

Evaluating the Security Level of Your Board Portal

Board meetings must be held with a high level of security as they will be discussing confidential documents and sensitive information. Make sure you choose a platform that uses encrypted confidential files in order to shield your website from hacking and data theft. A portal with an audit trail will allow you to monitor who has accessed or edited documents.

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