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Board Management Software is a secure application or website that aids in streamlined meeting management and governance. It provides a variety of tools that support the entire board cycle from the preparation of meetings, to record-keeping and data analytics.
While it might be tempting to go with low-cost software or free board portals to save money, these options usually https://boardroomworks.com/code-of-conduct-for-virtual-board-meetings/ have a hidden cost: inadequate training and customer service. If new directors aren’t given sufficient training at the beginning they could be left to hunt and peck without fully understanding the capacities of the system. This can lead to security issues as the untrained user could accidentally expose data that is not authorized to systems that they shouldn’t be.
Most free board management software does not have the highest security of data which is crucial to safeguard sensitive information. With numerous media reports of data breaches and hacking, board directors must demand that any system they use to conduct business be highly secured. In contrast, industry-leading board portals have multiple layers of stringent security features that allow users to manage permissions so that each user sees only what they’re authorized to see. This helps ensure that meeting records and other materials are shared only with the right people which reduces the risk of sensitive data exposures. This also makes archiving documents of meetings and documents made after the meeting a breeze. It’s also possible for you to instantly upload and share these materials to a large audience from a single place, easing the burden on board members to file them manually after every meeting.
