Features to Look For in Board Portal Software

With security concerns, more hybrid or virtual meetings and the growing use of paperless formats for board meetings Many companies are considering board portal software. However, not all programs are made equal and a range of features can make the difference between a successful implementation and one that is less effective or even creates unforeseen weaknesses.

The main purpose of a portal for boards is to provide quick accessible and clear access to information. Think about how easy different products and user-interfaces will be for your board members taking into account their day-to-day board-related activities. Consider the advantages you could provide mobile directors, such as tablets and offline access or remote approvals.

The majority of secretaries and board members have only a short amount of time, which is why they require tools that are simple to use and will save them time. Look for a board management system with features that make it unnecessary to reprint physically copied, scan or scanned documents. E-Signatures for instance, reduce the need to sign and distribute copies of documents. This is in line with sustainability objectives and enables more efficient and secure transmission of sensitive information.

Pricing can be a significant factor in deciding on the best board of directors portal for your company. Consider the different product editions and be aware of additional fees for administrators, committees, trainings or data storage. Also, think about how long the product has been on the market and if it has been evaluated by other organizations in the same industry as yours for stability and long-term viability.

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