Choosing Board Portal Technology

Board governance is based upon regular meetings. No matter if it’s quarterly, bi-monthly or monthly board meetings allow leaders to do important work in the context of annual strategic responsibilities, such as policies and compliance, budget & audit, appointments and elections.

A high-quality board portal provides an easy-to-use, user-friendly platform for board members and administration to access meeting materials and other related documents from any location on any device. This makes it simple for the entire board to plan and conduct productive meetings.

In addition to being a fantastic tool for preparing meetings, board portals also provide a convenient and secure way to share and organize documents. Directors will no longer have to search through email attachments for the documents they require. The top board portals provide advanced security features that make it impossible for malicious actors to gain unauthorized access to sensitive information. This includes 256-bit AES encryption, multiple-factor authentication, and GDPR compliance.

While there are a number of board management software on the market but not all of it is all created equal. When choosing the right solution for your company it is important to carefully consider all possibilities. If you are considering data room software a vendor, ask them during demonstrations about their user-friendliness and the best way to get started. You don’t have the time spend acquiring a new tool.

Be sure to consider a vendor’s pricing model and whether they charge for extra users and administrators as well as training or storage for data. Some vendors offer a trial period that will aid you in deciding whether the product meets your needs.