Best Board Portal Software
The right online board management software can make a huge difference to the efficiency of a company and governance. How can you choose the best software for managing your board for your business, given the variety of options available? It is crucial to evaluate the different options to find the best solution that is cost-effective as well as intuitive for your board.
A good board of directors portal should include a variety of tools to meet your unique needs, including dynamic meeting agendas and specific tracking tools. The presence of these tools will ensure that each action item is completed and eliminate grey areas where responsibilities could slip through the gaps. Similarly, a good portal should also provide an easy way to make and distribute board books as well as other meeting materials.
The software must be secure and encrypted to prevent data from being lost or shared without authorization. Select a vendor with a strong security system, runs in secure data centers and is able to obtain a variety of certifications, including SOC2. The top board portals provide user-specific permission settings for end users, two-factor authentication capabilities, third party penetration tests as well as managed and customer-managed encryption.
Mobile-friendly features will also keep directors active in their travels. Choose a board portal that provides tablet apps, offline access and simple document sharing. Also, take note of the kind of support the portal offers. Many companies offer 24/7/365 support for both boards and board administrators. This can include How To Videos and FAQs, regular remote training sessions, and one point of contact.
