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A board portal is specialized governance software that safely and securely provides digital board packs to directors and their organisation’s secretariat. They are automated and efficient, allowing for better collaboration, enhanced discussions, and decision-making. They also assist in bringing all stakeholders around the strategic direction.
They also save time and money by eliminating printing, couriering email and meeting preparation costs. The ability to access documents for the board and send messages via an encrypted, private in-app messenger means that board members are connected throughout the day even when they’re not in the office. They can prepare for meetings and sign documents online or through the app. They can also utilize the video conferencing feature to participate in online meetings if they are unable to attend in person.
What should you look for when looking at a board portal
Ask prospective vendors to provide demonstrations, and detailed, thorough troubleshooting guides, available on their website. They should also be able give you a full estimate that covers all upfront and ongoing expenses. Pricing models can be different and based on flat rates, features or the number of users. It is essential to compare.
Security is the main criterion for a high-quality board portal. It should secure data both in transit and in rest, and permit the control of authentication and access rights. It should also have a disaster recovery plan that provides a guarantee of uptime. It should also undergo regular external audits in order to ensure security, availability, and integrity.
