The board portal is an essential instrument in the governance of an organization. Boards, committees and executive leadership teams use it to streamline meeting workflows. They can collaborate in confidence, due to the security features, and align on strategic decisions. It reduces the time and expense spent on board materials. The numerous companies offering board software that provide solutions can make it difficult for organizations to select the best tool. An effective method to narrow down the options is to conduct a comparison of software for boards. This can include assessing the security level as well as desired tools for managing the board and service/support quality.
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Make a decision about your needs
To begin the process, decide on what is most important for your board portal. This includes an assessment of the number of board members as well as the kind of information you will be sharing. Identify the features that are required to meet these needs (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). The data about his you’ve collected can be used in evaluating the available board portals and select the one that will meet your requirements.
How do you assess the security level of your board portal
A high security level is a must for board meetings since they discuss sensitive and confidential documents. Make sure you choose a platform that uses encrypted confidential files in order to protect your website from data theft and hacking. A portal that has an audit trail will allow you to trace who has accessed or edited documents.
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