Conducting a Board Portal Software Comparison

The board portal is an important instrument for the management of an company. It is used by boards, committees and executive leadership teams to improve meetings workflows, collaborate effectively with security features in place and to align on strategic decision-making. It cuts down on time and expense spent on materials for boards. It isn’t easy for companies to select the appropriate tool due to the many board software vendors. Comparing board portal software is a smart way to narrow down your options. This can include assessing 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 includes the number of board members and what type of information you will require to share. Determine the features required to meet these needs (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). The information gathered can then be used to analyze board portals and choose the one that best meets your company’s needs.

How do you assess the security of your board portal

Board meetings need to be conducted with a high level of security, since they will be discussing sensitive and confidential documents. Look for a system which uses encrypted confidential files in order to safeguard your website from hacking and data theft. A portal with an audit trail allows you to monitor who has accessed or edited your documents.

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