What is a Board Portal?
A board portal is a specialized governance software that securely and safely provides digital board packs to directors and the secretariat of their organisation. They are automated and simplify which www.fitboardroom.com/what-is-a-board-portal/ allows for better collaboration with enhanced discussions and decision-making. They also assist in bringing all stakeholders in the same strategic direction.
They also save money by reducing the costs of printing couriering, printing and emailing. The capability to access the board’s documents and also communicate with an encrypted, secure in-app messenger ensures that board members can be connected anytime even when they’re not in the office. They can prepare for meetings by signing documents online and in-app and use the video conference integration to participate in virtual meetings when they’re not able to attend in person.
What should you look for in a board portal
Ask prospective vendors to post demonstrations, and detailed, comprehensive troubleshooting articles, on their website. You should be able to get an exact quote that covers both the upfront and ongoing costs. Pricing models may vary and may be dependent on a flat rate, per feature or by the number of users, therefore it is important to evaluate the different models.
The most critical criteria for a good board portal is strong security. It must encrypt data while in transit and while at rest, and provide granular control on authentication and access rights. It should also have a disaster recovery plan with a guarantee of uptime and undergo regular external audits to ensure privacy, availability and security.