The process of selecting a board management software may seem like a daunting task because of the many solutions available. Some might have more features than others, but they’re not all made equal. Free software is attractive, but it’s important to weigh the benefits of paying for a fully-featured solution.
A robust board portal will allow you to monitor accesses and downloads as well as views. You should be able to set the privacy and access levels to ensure only authorized users have access to your data.
It’s crucial that your company chooses a security solution that gives the highest level of security. Unfortunately, the majority of free options don’t measure up to the same level. Instead, they typically offer either no or low (128-bit) encryption, making your company vulnerable to hackers and phishing attacks.
Select a system that is compatible with mobile devices for ease of use on the go. It will be easier to stay in touch with your board members even when you are not at the meeting. It also allows you to keep a record of the discussions from every meeting for reference later. It should also have simple tools for creating agendas, capturing minutes, and the ability to vote and electronic signature collection. This will streamline your workflows and improve productivity.
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