A board portal is specialized governance software that securely and safely provides digital board packs to directors and their organisation’s www.fitboardroom.com/whats-the-problem-with-business-data-security/ secretariat. They are automated and speed up to facilitate better collaboration with enhanced discussions and decision-making. They also aid in aligning all stakeholders to the strategic direction.
They also save money by reducing the cost of printing, couriering and emailing. Board members have access to board documents and communicate through an encrypted, in-app messaging system, even when they’re not in the office. They can prepare for meetings and sign documents online or through the app. They can also use the video conferencing feature for virtual meetings when they’re not able to attend in person.
What to look for in the board portal
Ask prospective vendors to provide demonstrations, as well as detailed, extensive troubleshooting information on their website. You should get a detailed quote that includes both the upfront and ongoing costs. Pricing models can vary and may be dependent on a flat rate, per feature or by the number of users, therefore it’s important to compare them.
The most important requirement for a good board portal is its security. It must encrypt data while during transport and at rest and offer an extensive control of authentication and access rights. It should also have a disaster-recovery plan that guarantees uptime and undergo regular external audits to ensure security, availability and security.