A board portal is a specialized governance software that efficiently and securely delivers digital board packs to directors and the secretariat of their company. They are automated and speed up which allows for better collaboration as well as enhanced discussions and better decision-making. They also help align all stakeholders in the same strategic direction.
They also save time and money by cutting down on printing, couriering, email, and the cost of preparing meetings. Board members can access documents from the board and communicate through a secure, in-app messaging system, even when they’re not in the office. They can prepare for meetings and sign documents online or in-app. They can also use the video conferencing feature to attend online meetings if they are unable to attend in person.
What should you look for in the board portal
When choosing a board portal vendor, ask potential providers to provide demonstrations as well as detailed troubleshooting and detailed articles on their site. You should get a precise quote that includes both the upfront and ongoing costs. Pricing models can vary and may be determined by a flat fee, per feature or by number of users, so it’s crucial to compare the different models.
The most important requirement for a quality board portal is strong security. It should encrypt all data in transit and in rest and provide granular security controls for authentication and access rights. Additionally, it should have a disaster recovery plan with an uptime guarantee. Additionally, it https://fitboardroom.com/ should regularly undergo external audits to ensure availability, security and privacy.