Conducting a Board Portal Software Comparison

Conducting a Board Portal Software Comparison

The board portal is an essential tool for governing an business. It is utilized by committees, boards and executive leadership teams to enhance meeting workflows, collaborate confidently using security features and to align on strategic decisions. It reduces the time and costs spent on materials for boards. It is often difficult for organizations to select the right tool because there are so many board software vendors. Comparing the various software available for board portals is a good way to narrow down your options. This includes evaluating security level and desired tools for board management and the quality of service/support.

Know Your Needs

To begin to begin, you must decide what is most important to your board portal. This includes assessing the number of board members are involved and what type of information you’ll have to share. From there, identify what features are needed to meet your needs (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). This information can then be used to analyze board portals, and select the one that is most suitable for your business’s needs.

How can you evaluate the security of your board portal

A high security level is a must for board meetings as they will be discussing sensitive and confidential documents. To help ensure your portal is as secure as you can you should look for a system that uses encrypted confidential files that protect against data theft and hacks. Additionally, a site that has an audit trail will allow you to trace who has access to and edited your documents.

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