The board portal is a key component of an organization’s governance tools. It is utilized by committees, boards and executive leadership teams to improve meeting workflows, and collaborate with security features in place and ensure that they are aligned on strategic decisions. It also reduces costs and time spent on physical board materials. It isn’t easy for companies to choose the right tool because there are so many companies offering software for boards. Comparing board portal software is a great way to narrow down your options. This includes assessing security level and desired tools for board management and service/support quality.

Find out what you need.

To begin the process begin by deciding what is most important for your board portal. This includes assessing the number of board members and the type of information that you will be sharing. Then, determine the features required to meet these needs (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). The information you’ve gathered can be used in evaluating the different portals available to board members and choose the one that best meets your company’s requirements.

How can you determine the security of your board portal

Board meetings must be held with a high level of security, since 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 data theft and hacking. A portal with an audit trail lets you to monitor who has accessed or edited the documents.

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