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Conducting a Board Portal Software Comparison

The board portal is an important instrument for the management of an organisation. It is used by boards, committees and executive leadership teams to optimize meeting workflows, work together using security features and align on strategic decisions. It also cuts down on costs and time spent on physical board materials. It isn’t easy for companies to select the right tool due to the many board software vendors. Comparing software for board portals is a great way to narrow options. This includes evaluating security levels, desired board management tools and service/support quality.

Know Your Needs

Determine what is important to you in your board portal. This will include assessing the number of board members as well as the type of information that you will be sharing. Identify the features that are needed to meet these requirements (e.g. secure messaging, D&O questionnaire help, around-the-clock client support). The information you’ve gathered can be used to analyze the different portals available to board members and select the one that will meet your needs.

How do you assess the security of your board portal

Board meetings must have a high degree of security as they will be discussing confidential and sensitive documents. To help ensure your portal is as secure as possible make sure you choose a platform that utilizes encrypted confidential files to protect against data theft and hacks. Additionally, a portal that has an audit trail will allow you to see who has accessed and edited documents.

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