What is a Board Portal?
A board portal is specialized governance software that securely and safely provides digital board packs to directors and their organization's secretariat. They are automated and efficient making it easier to collaborate as well as enhanced discussions and better decision-making. They also assist www.fitboardroom.com/what-is-the-difference-between-bcp-and-disaster-recovery-planning/ in bringing all stakeholders around the strategic direction.
They also save money by reducing the costs of printing or couriering documents, as well as emailing. Board members can access board documents and communicate with each other via an encrypted, in-app message system, even when they aren't in the office. They can prepare for meetings and sign documents online or in-app. They can also utilize the video conferencing feature to attend virtual meetings when they are unable to attend in person.
What should you look out for in the board portal
When you are choosing a board portal vendor, ask potential providers to provide demonstrations and comprehensive troubleshooting guides on their site. They should also be able give you a full estimate that covers all upfront and ongoing expenses. Pricing models are different and based on flat prices, features or the number of users. It's important to compare.
Security is the most crucial requirement for a top-quality board portal. It should be able to secure all data that is in the process and at rest and have specific control of access and authentication rights. In addition it should have a disaster recovery plan that includes an uptime guarantee. Additionally, it should regularly undergo external audits to ensure security, availability integrity, privacy and security.