Conducting a Board Portal Software Comparison

The board portal is a crucial component of a company’s governance tools. It is used by committees, boards and executive leadership teams to enhance meeting workflows, collaborate confidently with security features in place and ensure that they are aligned on strategic decisions. It cuts down on time and expense spent on materials for boards. The countless board software vendors that offer solutions can make it challenging for companies to choose the right software. Comparing the various software available for board portals is a great way to narrow options. This involves evaluating the security level, the desired tools for managing boards and service/support.

Make a decision about your needs

Decide what is most important to you in your board portal. This will include taking a look at the number of board members as well as the kind of information you will be sharing. From there, you can determine the features that are required to meet the needs of your board (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). The data you’ve collected can be used in evaluating the various portals for board members and choose the one that will meet your needs.

Examining the Security Level of Your Board Portal

Board meetings should have the highest level of security because they are discussing confidential and sensitive documents. To help ensure your portal is as secure as it can be make sure you choose a platform which uses encrypted confidential files to protect against hacks and data theft. A portal with an audit trail lets you to track who has accessed or edited documents.

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