Board Portal - Features of A Board Portal

Features of A Board Portal

A board portal can be a custom-built, in-house application, an off-the-shelf, commercial application that is deployed by IT, or a subscription-based, software as a service. Board portals provide the following features:

  • Strict security: Due to the sensitive nature of board information, security and confidentiality is critical. Sometimes, board portals will use two-factor authentication for user logins, role-based access control to information, and full encryption of stored information and communications between members.
  • Online accessibility: Board members can review documents or communicate with other members at any time, even when they are on the road.
  • Offline accessibility: Board members can download documents to their computer for offline review. However, board portals ensure that downloaded documents still support the same strict level of security.
  • Board packet creation, modification, and distribution: Corporate secretaries can use the board portal to create board materials and disseminate them online. Edits or deletion of documents can be done and the changes are immediately distributed. This saves the hassles associated with printing and handling changes after board packets have been printed. Board packets are often quite thick, with 600 pages on the low-end to as many as 2,000+ pages.
  • Dashboard of Key Performance Indicators: to allow directors a quick view of the KPI of the organization's performance, a flexible dashboard is often an integral part of Board Portal packages
  • Online collaboration support allows documents and board packets to allow for directors to record their comments and save a record of the same while reviewing such information.
  • Data Retention Policy Support: To mitigate company liability, board portals enforce data retention policies on documents, as well as board member communications.
  • Read Receipt of announcements, policy documents and any other legal documents is recorded and maintained by board portals.

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