How to Conduct a Board Portals Comparison

When you are looking for a suitable board portal it is essential to know what requirements your business has. This way, you can be sure the platform will have all the tools that can help your executive leadership team during the board meeting. This includes live meetings, eSignature, collaboration, document management capabilities and many more. It is also important to consider the potential time and cost savings that can be made by utilizing the platform.

During your software demonstrations with different portals for board meetings make note of how easy it is use. The user experience will impact how your board members will adopt the software and if it will be effective at adhering to best governance practices.

It is important to inquire about the pricing structure of the provider is important, as it will determine how much the portal will cost. Some businesses charge a fixed price and others base their pricing on the number and type of users, features and secure storage. You could also be required to pay an additional fee for training, upgrades, and modifications.

When you are evaluating a board portal’s security measures and compliance standards, look for CMMI-SW, SOC 2, and ISO 27001 certifications. This will ensure that the platform is maintained securely and adheres to industry-standard best practice. Additionally, you should assess whether they provide cloud-based or on-premise hosting to limit data security risks.

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