A board portal is specialized governance software that securely and safely delivers digital board packs to directors as well as their organization’s secretariat. Automated and streamlined, they enable better collaboration, encourage better discussions and decision-making, as well as help all stakeholders align around the strategic direction of the business.

They also reduce the costs of printing and couriering as well as emailing. Board members can access documents from the board and communicate through an encrypted, in-app message system, even if they’re not in the office. They can prepare for meetings online, sign documents online, and in-app and use the video conferencing integration to attend virtual ones look at this web-site https://fitboardroom.com/esg-due-diligence-in-investment-planning/ when they are unable to attend in person.

What to look out for when selecting a portal for your board

Ask prospective vendors to post demonstrations, as well as detailed, thorough troubleshooting guides, available on their website. You should receive a detailed quote that includes both the initial and ongoing costs. Pricing models can be different and be built around a flat price, per feature or by the number of users. Hence, it’s crucial to compare them.

The most crucial requirement for a high-quality board portal is strong security. It must encrypt data while in transit and while at rest, and provide an extensive control of authentication and access rights. Additionally, it should have an emergency plan that includes an uptime guarantee and regularly undergo external audits to ensure availability, security, privacy and integrity.