A board portal is a specialist governance software which secures and safely delivers digital board packs for directors and the secretariat of their company. Streamlined and automated they improve collaboration, encourage better discussions and decision-making, and help all stakeholders align around the strategic direction of the business.
They also reduce the costs of printing and couriering as well as emailing. The ability to access board documents and send messages via a secure, private in-app chat means that board members are connected throughout the day, even when they’re not in the office. They can prepare for meetings by signing documents online and in the app, and utilize the video conference integration to attend virtual ones when they www.fitboardroom.com/what-is-a-board-portal/ are unable to attend in person.
What should you look for when selecting a board portal
When choosing a portal for board meetings vendor, you should ask potential vendors to show you their demos and provide detailed troubleshooting and detailed articles on their website. You should receive an exact quote that covers both the upfront and ongoing costs. Pricing models can differ and are based on flat rates, features or the number users. It is important to compare.
The most important requirement for an effective board portal is strong security. It should secure all data while in the process and at rest and have specific controls on authentication and access rights. In addition, it should have a disaster recovery plan with an uptime guarantee. Additionally, it should regularly undergo external audits to ensure availability, security integrity, privacy and security.