A board portal is a specialist governance software that secures and safely delivers digital board packs to directors and the secretariat of their company. Streamlined and automated they facilitate better collaboration, enhance discussions and decision-making and assist all stakeholders to align around the strategic direction of the business.
They also save money by reducing the cost of printing couriering, printing and emailing. The possibility to access board documents and send messages via a secure, private in-app messaging system means that board members are connected to each other at all times even when they’re not in the office. They can prepare for meetings, sign documents online and in-app and use the video conferencing integration for virtual meetings if they can’t make it in person.
What should you look for when choosing a board portal
When choosing a board portal vendor, ask potential providers to provide demonstrations and troubleshooting and detailed articles on their site. You should be able get board rooms an accurate quote that includes both the upfront and ongoing costs. Pricing models can differ and are based on flat rates, features, or the number of users. It is crucial to evaluate.
Security is the primary aspect of a good board portal. It should encrypt data in transit and while at rest and allow for strict control over authentication and access rights. Additionally it should have a disaster recovery plan that includes an uptime assurance and regularly undergo external audits to ensure availability, security, privacy and integrity.