A board portal is specialized governance software that safely and securely delivers digital board packs to directors and their organization’s secretariat. Streamlined and automated they improve collaboration, facilitate enhanced discussions and decision-making, and help all stakeholders align around the strategic direction of the business.
They also save time and resources by decreasing printing, couriering email, and the cost of preparing meetings. Board members can access board documents and communicate through a secure, in-app messaging system, even when they aren’t in the office. They can prepare for meetings by signing documents online and in-app, and use the video conferencing integration for virtual meetings if they’re unable to attend in person.
What should you look for when choosing a portal for a board
Request potential vendors to provide demonstrations, and comprehensive troubleshooting articles, on their website. They will also be able to provide a complete quote that includes all up-front and ongoing costs. Pricing models may vary and may be determined by a flat fee, per feature or by the number of users. Hence, it’s important to compare the different models.
Security is the primary aspect of a good board portal. It should encrypt all data that is in transit and at rest and offer strict restrictions on access and authentication rights. It should also have a disaster-recovery plan with a guarantee of uptime, and be subject to regular external audits to ensure security, availability and security.
https://fitboardroom.com/whats-the-problem-with-business-data-security/