https://vmwarensxmindset.com/guidelines-for-virtual-boardroom-software/
Board portal providers help organisations improve their governance and collaboration by using digital tools. They provide solutions for digital document storage and management advanced meeting tools to facilitate efficient scheduling and decision-making, as well as secure communication platforms. They also provide an ability to scale, which allows organizations to choose the features that meet their needs.
The market for board portals is growing rapidly and will reach over $34 billion by 2036. The industry’s growth is fueled by security issues and the need for better digital document management. Board portal software can be used by companies to decrease security risks and ensure the compliance of internal governance policies or regulations.
Consider the vendor’s training and customer service before deciding on the board portal. The company should provide extensive onboarding sessions for new users and ongoing education to existing users. These sessions may be in-person or online, and should be focused on important topics, like how to navigate the portal’s functionality and features. The company should also evaluate the rate of adoption by users and solicit feedback after implementation to identify any areas that could be improved.
Another important factor to consider is the software’s integration capabilities. Integrate the platform seamlessly with other applications for business, such as calendaring and email. It should also support a range of file formats, including DOCX and DOC as well as convert files automatically to PDF. The system will also allow users to import data and export reports from external sources. Finally, the portal should provide robust data protection features, including 256-bit encryption and GDPR compliance.