Board portal providers help organisations improve their governance and collaboration by using digital tools. They offer solutions for storage of documents digitally and management, advanced meeting tools for efficient scheduling and decision-making, and secure communication platforms. They are also scalable, allowing companies to select the features that best suit their needs.
By 2036 the market for board portals will explode to more than $34 billion. The growth of the industry is driven by concerns over security and the need to improve digital document management. Board portal software can be used by organizations to mitigate security risks and ensure the compliance of internal governance policies or regulations.
When selecting a board portal provider, consider the vendor’s customer support and training. The company should provide extensive onboarding sessions to new users, as well as ongoing education to existing users. These sessions can be conducted in person or online and should cover key aspects like how to navigate through a portal’s features and functions. The company should also analyze the level of user engagement and solicit feedback after implementation to identify any areas for improvement.
Another aspect to be considered is the software’s integration capabilities. Integrate the platform seamlessly with other business applications such as calendaring and email. It must also accommodate a wide variety of file formats, including DOCX, DOC and convert files automatically into PDF. The system should also permit users to import reports and data from other sources. Finally, the portal should be equipped with robust data security features, such as 256-bit encryption and GDPR compliance.
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