What to Look For in a Board Portal Solution

A board portal solution is a set of digital tools that connect all the stakeholders on the board. These tools can reduce administrative burden, enable collaboration and facilitate increased discussions and governance monitoring. This allows the board to make better decisions faster and also to adhere to changing regulations in a confident way.

The best solutions for board portals are easy to use for everyone, regardless of their technical expertise, and can reduce administration time and effort by automating processes and reducing reliance on email. This allows them to spend more time on governance and enhance the planning for meetings and discussions in-meeting.

It’s also essential that any solution for a board portal is secure and provides a robust audit trail. So, company officials can be assured that the portal adheres to strict standards for data privacy. Moreover, members communicate through the portal instead of using email, which is more susceptible to hacking.

Board-level documents are some of the most sensitive data in an organization, and the right portal will ensure that they are secured at every point in their lifecycle. Features such as remote wipe, permissions based on role and permanent purge will ensure that information is not lost or thrown away.

A good board portal should also offer various scheduling options, for meetings and other events. This will allow board members to be present anywhere and at any time which is useful for remote or hybrid meetings. Video conferencing should be considered for those occasions when face-toface meetings aren’t possible.

board portal cost