read post here fitboardroom.com
A board portal is a governance software that securely and safely delivers digital board packs for directors and the secretariat for their organization. Streamlined and automated, they enable better collaboration, encourage better discussions and decision-making and assist all stakeholders get on board with the strategic direction of the business.
They also reduce the cost of printing or couriering documents, as well as emailing. The ability to access board documents and communicate via an encrypted, secure in-app messaging system means that board members are in touch at all times, even when they’re not in the office. They can prepare for meetings and sign documents online or in-app. They can also make use of the video conferencing feature to attend virtual meetings when they are not able to attend in person.
What to look out for when selecting a portal for your board
Request potential vendors to provide demonstrations, and comprehensive troubleshooting articles, on their website. You should get an accurate quote that includes both the initial and ongoing costs. Pricing models are different and based on flat rates features or the number users. It is important to compare.
The most crucial requirement for an effective board portal is robust security. It must encrypt data while during transit and at rest and offer strict control over access rights and authentication. It should also have a disaster recovery plan with a guarantee of uptime and go through periodic external audits to ensure privacy, availability, and integrity.
