A board portal is a governance software which securely and safely delivers digital board packs to directors and the secretariat of their company. They are automated and speed up to facilitate better collaboration, enhanced discussions, and decision-making. They also assist in bringing all stakeholders to the strategic direction.
They also save time and resources by decreasing printing, couriering email and meeting preparation costs. The ability to access documents for the board and also communicate with an encrypted, secure in-app messaging system means that board members are in touch anytime even when they’re in the office. They can prepare for meetings by signing documents online and in the app, and utilize the video conferencing feature to attend read virtual ones when they are unable to attend in person.
What to look for in a board portal
Ask prospective vendors to post demonstrations, and comprehensive troubleshooting articles, on their website. They should also be able provide you with a complete estimate that includes all up-front and ongoing expenses. Pricing models can differ and may be based on a flat rate, per feature or by number of users, so it’s essential to compare them.
Security is the primary factor in determining the quality of a board portal. It should secure all data that is in transit and at rest and have precise security controls for authentication and access rights. Additionally it should have plans for disaster recovery with an uptime guarantee. It should also regularly undergo external audits to ensure security, availability integrity, privacy and security.
