A board portal is a specialized governance software that securely and safely provides digital board packs for directors and the secretariat for their organization. Streamlined and automated, they enable better collaboration, enhance discussions and decision-making, and help everyone in the organization to agree on the strategic direction of the business.
They also save time and money by cutting down on printing, couriering, email, and the cost of preparing meetings. Board members have access to board documents and communicate through an encrypted, in-app message system, even if they’re not in the office. They can prepare for meetings by signing https://fitboardroom.com/what-is-the-difference-between-bcp-and-disaster-recovery-planning/ documents online and in-app, and use the video conference integration for virtual meetings if they can’t make it in person.
What to look for when selecting a board portal
When selecting a board portal vendor, ask potential suppliers to provide demonstrations and troubleshooting and detailed articles on their site. You should be able get a detailed quote that includes both the initial and ongoing costs. Pricing models may differ and are based on flat rates, features or the number users. It is important to compare.
Security is the primary factor in determining the quality of a board portal. It should encrypt data during transport and at rest and allow for the control of access rights and authentication. In addition, it should have an emergency plan that includes an uptime guarantee. It should also regularly undergo external audits to ensure security, availability and privacy.
