What is a Board Portal?
A board portal is specialized governance software that securely and safely provides digital board packs to directors as well as 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 money by reducing the cost of […]
A board portal is specialized governance software that securely and safely provides digital board packs to directors as well as 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 money by reducing the cost of printing, couriering and emailing. Board members can access the board’s documents and communicate through an encrypted, in-app message system, even if they aren’t in the office. They can prepare for meetings and sign documents online or on-app. They can also utilize the video conferencing feature to participate in virtual meetings when they are unable to attend in person.
What to look out for when choosing a portal for a board
When you are choosing a board portal vendor, ask potential providers to show you their demos and provide detailed troubleshooting and https://fitboardroom.com/ detailed articles on their website. You should get an accurate 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’s important to compare.
Security is the primary aspect of a good board portal. It should secure all data that is in transit and in rest, and allow for specific security controls for authentication and access rights. It should also have a disaster recovery plan that guarantees uptime and undergo periodic external audits to ensure availability, privacy, and integrity.