Comparing software for board of directors is a crucial step to help companies find the most effective online tools that help with governance. While many boards’ portals might appear similar at first glance, there are many differences in terms of value, customer service, and ease of use. This is why it is important to evaluate and narrow down the tools offered by each company before making a final decision on which one to purchase.
When evaluating board portals, be sure to be aware of the security features. The best solutions provide high level of data security which includes multi-factor authentication and SOC-2 compliance. This is an excellent feature to prevent unauthorized entry, especially outside of the company’s network. A feature that’s essential is the ability to restrict access to certain director records or files. This feature is offered by the top board management software that minimizes the risk of hacking and other malicious actions.
A good board of director software solution must be able to be used by all users. This includes board members as well as corporate secretaries and administrative staff. It should also be able to support a variety operating systems. Board members will be more open to adopting a system if they’re confident that the system is reliable and intuitive. This can be achieved by choosing a company that provides a dedicated help desk and training for its clients.
To evaluate a board-meeting software vendor, take a look at their customer feedback. Find testimonials that are relevant to online board meetings in the same industry or with similar company sizes. You can also ask your peers to comment on their experiences with the particular website and get an idea of its user-friendliness and the quality of security.