The right board software can transform how your board operates and ensure that governance is conducted efficiently and effectively. Selecting the best board portal is a careful evaluation of a number of aspects.
First and foremost, it’s important to think about the needs of your board at each stage of the board cycle. Some organisations have a specific workflow that is adapted to their specific needs for each stage of the board cycle. Others are seeking easy ways to improve their efficiency and their governance.
A board management solution is an example of a program that lets users easily create and edit documents. They can also embed annotations, links and hyperlinks and share them in real-time on any device. This allows participants to collaborate on important files even if they’re in different locations and countries. It also reduces the need for paper copies, which can be lost or shuffled during the process of transport.
It is also crucial to choose a board portal that is secured to the highest degree. Many of the best solutions come with a range of security features like biometric scanners and multi-factor authentication to access data centres. They also provide encryption of data. This can help in satisfying the board’s duty-of-care, and safeguard an organization from costly legal action in the event of a breach of sensitive data.
When evaluating a board management software, it’s worth looking into whether the company offers training and support to assist your board in getting up and running in a short time. It’s also worth looking at how user-friendly the software can be, and if it can meet the requirements of your board members.