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Board portal solutions allow companies to securely share confidential information while reducing the chance of cyberattacks. Security standards aren’t the same for all board software providers. In the selection process, IT teams need to look for specific features and capabilities that protect company information.
Security – Does the solution employ encryption to secure data in the process and in rest or only in transit? Check that the system is equipped with robust user authentication protocols. Ask the vendor to inform you about any data breaches that have occurred and how they dealt with the incidents. This will help you assess their overall security.
Meeting Management — You want to ensure that the platform can handle all aspects of meeting preparation including reporting, as well as governance compliance. Look for features like streamlined processes and board books. Also, dynamically updated agendas are important.
Document Sharing and e-Signing- Look for a secure portal for board members that provides an easy way directors to communicate with each other during meetings, no matter where they are in the world. The software should also have annotation tools and an electronic signature features that speed up the process of signing.
Lastly, consider the pricing structure of the software. You’ll want to know if the provider has flexible pricing plans that are based on the size of your company and its requirements. Also, evaluate the costs of any additional functions or integrations that might be necessary to meet your individual needs. This will help you find a solution that meets your budget.
www.theboardportal.org/opportunities-that-opens-with-the-board-portal/