Selecting the best board portals is an important choice for companies that value security and efficiency. However not all solutions are designed equally. How can you make sure that you’re getting maximum value of your investment? This article will offer tips for evaluating and selecting the best software for your specific governance needs.
The best software for managing boards allows directors to send notes and annotations to a secure platform, outside of meetings. This can maximize time and resources. This allows leadership teams to concentrate on what’s important -governance and strategic planning. It also saves precious time that could otherwise be used to prepare for meetings and looking through email chains.
It is essential to look at the user-friendliness for both board members and administrators when choosing a board management software. During a demo, you should determine whether the program has a clear flow and is easy to navigate. Also, take note of the options for training available for the software. Some companies offer training for administrators only, while others offer ongoing support and coaching for directors.
Finally, you’ll want to ensure that the solution you choose has all of the latest assessment of Nasdaq’s board software features you require. Many applications have e-signing features that are compliant to EU eIDAS and check the authenticity of documents in real-time. Certain solutions also include a purge feature which removes all annotations and comments from the system. This reduces the risk of leaking confidential documents off of servers and backup files.