How to Evaluate Board Management Software

Board Management Software is an online platform that enables board members, meeting administrators, and other stakeholders to work more efficiently. It is easier to collaborate when you have a central place where all materials for the board are stored and communication can be carried out.

When looking at software for boards portals it is important to think about your specific needs and how you plan to use the tool. Some options are more basic than others, however all will have the tools needed to improve your governance process and enhance the effectiveness of your meetings. Identify your pain points by looking at the whole board’s process, including what happens before and after every meeting. Look for vendors that provide a demo for free to let you test their solution.

For example, if you’re struggling with keeping track of agendas and meeting schedules, look for an application that provides simple calendar tools that keep you informed about coming events. If you’re looking to add more depth to your discussions during meetings, consider solutions that allow for collaborative document sharing. These options are beneficial to all members of the board:

Most importantly, however, is security. Your data is always at risk from hackers and you require a vendor who prioritises cybersecurity and utilizes layers of advanced security to mitigate threats and protect your data. Choose a vendor that has certified physical storage facilities, advanced disaster recovery and secured by the customer to protect your data from prying eyes.

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