What is a Board Portal?
A board portal is an expert governance software that securely and safely provides digital board packs to directors and the secretariat of their organization. They are automated and streamline, allowing for better collaboration with enhanced discussions and decision-making. They also aid in aligning all stakeholders on the same strategic direction.
They also save time and resources by cutting down on printing, couriering, email and meeting preparation costs. Board members can access documents from the board and communicate using an encrypted, in-app message system, even when they’re not in the office. They can prepare for meetings online, sign documents online, and in the app, and utilize the video conferencing feature to attend virtual ones when they’re unable to attend in person.
What should you look out for in the board portal
When you are choosing a board portal vendor, you should ask potential vendors to provide demonstrations and, thorough troubleshooting articles on their site. You should be able to get an exact quote that covers both the upfront and ongoing costs. Pricing models may differ and are based on flat rates, features, or the number of users. It is important to compare.
Security is the most crucial aspect of a good board portal. It should secure all data that is in transit and in storage and have specific restrictions on access and authentication rights. In addition it should have plans for disaster recovery with an uptime assurance and regularly undergo external audits to ensure security, availability integrity, privacy and availability.
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