Features to Look For in Board Portal Software

With security concerns, more hybrid or virtual meetings as well as the rising use of paperless meeting formats for board meetings, many organizations are looking into board portal software. However, not all tools are designed equal, and a wide range of features can make the difference between an effective implementation and one that’s less effective or even creates unforeseen issues.

The primary purpose of a board portal is to provide timely and transparent access to information. Think about how easy different interfaces and products will be for your board members taking into consideration their daily, real-world board activities. Consider the advantages you could offer mobile directors, like tablets and offline access or remote approvals.

Most secretaries and board members are pressed for time, so it’s crucial that the tools they have at their disposal are easy to use and will save them a significant you can try this out which data room providers fully meet data protection regulation compliance amount of time. Find board management systems that have features that eliminate the necessity of printing or scanning physical documents. Electronic signatures, for instance are a great way to reduce the requirement to sign and distribute copies of documents. This is in line with sustainability goals, and permits more efficient and secure transmission of sensitive information.

Pricing can be a key factor in deciding the best board of directors portal for your company. Be sure to inquire about the different editions of the product and be aware of any additional fees for administrators or committees, training or amounts of storage of data. Consider how long the product has been being sold and if other organizations in your industry have tested the product for durability and stability.