Board of directors software comparison is a critical process for businesses seeking the right online tools to support their governance requirements. While many of the board portals appear similar initially, there are significant differences in regards to value, customer service and user-friendliness. It is therefore essential to examine and shortlist all the tools offered by each service before making a decision.
When evaluating a board portal be sure to consider the security features. The best solutions offer a high level of data security that includes multi-factor authentication and SOC-2 compliance. This is a great feature to prevent unauthorized entry in particular outside of the company’s networks. A feature that is also crucial is the ability to restrict access to and who can view certain director’s records or files. This feature is offered by the best board management software to minimize the risk of hacking and other criminal actions.
Finally, a good board of directors software is one that is easy to use for all stakeholders. This includes board members as well as corporate secretaries and administrative staff. It must be able with different devices and operating system. Board members are more likely the system if they are certain that it is intuitive and reliable. This can be achieved by selecting a business which has a dedicated support desk and training for its clients.
Look at the feedback of their post merger integration clients to evaluate the quality of the software used for board meetings. Find testimonials that address online board meetings within the same industry or similar company sizes. You can ask your peers about their experiences using the portal to get an idea of the ease of access and security.