What is a Board Portal?

A board portal is a specialist governance software which securely and safely provides digital board packs to directors and the secretariat of their company. They are automated and speed up which allows for better collaboration, enhanced discussions, and decision-making. They also help to align all stakeholders to the strategic direction.

They also save money by reducing the costs of printing, couriering and emailing. Board members can access the board’s look at this web-site https://fitboardroom.com/esg-due-diligence-in-investment-planning/ documents and communicate with each other via a secure, in-app communication system, even when they are not in the office. They can prepare for meetings and sign documents online or in-app. They can also utilize the video conferencing feature to participate in online meetings if they are not able to attend in person.

What to look for when selecting a board portal

Ask prospective vendors to provide demonstrations, as well as detailed, comprehensive troubleshooting articles, on their website. They should also be able provide a complete quote that covers all upfront and ongoing expenses. Pricing models can be different and be dependent on a flat rate, per feature or by number of users, so it’s crucial to compare the different models.

Security is the most important criterion for a high-quality board portal. It should encrypt all data in transit and in storage and provide granular restrictions on access and authentication rights. Additionally, it should have a disaster recovery plan that includes an uptime assurance and regularly undergo external audits to ensure security, availability integrity, privacy and security.