What is a Board Portal?
A board portal is specialized governance software that safely and securely provides digital board packs to directors and the organisation’s secretariat. They are automated and speed up, allowing for better collaboration, enhanced discussions, and better decision-making. They also help align all stakeholders on the same strategic direction.
They also reduce the costs of printing couriering, printing and emailing. Board members have access to board documents and https://fitboardroom.com/ communicate with each other via an encrypted, in-app message system, even if they are not in the office. They can prepare for meetings and sign documents online or through the app. They can also make use of the video conferencing feature to participate in virtual meetings when not able to attend in person.
What to look out for when choosing a portal for a board
When choosing a board portal vendor, ask potential providers to provide demonstrations as well as detailed troubleshooting and detailed articles on their website. You should receive a detailed quote that includes both the initial and ongoing costs. Pricing models are different and are based on flat rates, features or the number of users. It is crucial to evaluate.
Security is the primary factor in determining the quality of a board portal. It must encrypt data while in transit and while at rest and allow for strict control over authentication and access rights. It should also have a disaster-recovery plan that includes a guarantee of uptime and undergo regular external audits to ensure the availability, privacy and security.
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