Board portal software provides a powerful set of tools to enhance board meetings and governance. It will save directors lots of time by allowing them access and review information before meetings, and allow for collaborative note-taking. It facilitates the recording of meeting minutes and their distribution after each session. The best board portals have all of these features within an online platform that can be accessed via any device or web browser, whether at home, at the office or on the move.
It is essential to test the performance of the software for board portals. Board members are often under time pressure and need to be able to use the system quickly and efficiently. The user interface must be simple with easy-to-read icons and a logical layout. Look into the options for customization for dashboards that are personalized, such as custom dashboards or the ability to organize files by tags or folders.
The level of security is also crucial. Many of these systems offer various security protocols, from basic encryption to more advanced security measures to safeguard sensitive information and communications between board members. Consider two-factor authentication, an extensive audit track, and other security measures that help meet regulatory compliance standards.
It is also worth looking at the cost of a portal for boards. Most of these systems come at a range of price points, so it’s important to find one that is affordable and within your budget.