What is a Board Portal?
A board portal is a specialized governance software which securely and safely provides digital board packs to directors and the secretariat of their company. They are automated and speed up to facilitate better collaboration as well as enhanced discussions and better decision-making. They also assist in bringing all stakeholders around the strategic direction.
They read post here fitboardroom.com also reduce the costs of printing and couriering as well as emailing. Board members have access to board documents and communicate using a secure, in-app communication system, even when they aren’t in the office. They can prepare for meetings by signing documents online and in-app and use the video conferencing feature to participate in virtual meetings when they can’t make it in person.
What to look out for when selecting a portal for your board
When you are choosing a board portal vendor, you should ask potential vendors to provide demonstrations as well as detailed exhaustive troubleshooting tips on their site. You should get a detailed quote that includes both the initial and ongoing costs. Pricing models may vary and may be dependent on a flat rate per feature or the number of users, therefore it is important to evaluate them.
Security is the primary criterion for a high-quality board portal. It must encrypt data while during transport and at rest and offer an extensive control of access rights and authentication. It should also have a disaster-recovery plan that guarantees uptime and go through periodic external audits to ensure security, availability and security.
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