www.boardportalpro.org/how-to-pitch-an-idea-to-a-company-and-get-paid/
Board members will find it easier to oversee the company’s operations when they have access to a board portal that facilitates a paper-free workflow. The software will allow them to navigate the flow of information more efficiently, and also to divide responsibilities more effectively, which can result in more effective strategies and cost-efficient approaches. The software will also offer tools that will allow the company to monitor data, spot patterns and make informed decisions.
Free software applications can offer an insufficient set of options, but they are usually less effective than the top board portals. They often require additional add-ons to offer an extensive set of features. These add-ons are often more expensive than the savings you would have gotten from a fully-featured system.
The free solutions are also less secure than those that cost money. Some free solutions may not employ encryption that is equivalent to the encryption used by banks, or they might not permit you to restrict who can access the data. In light of the recent media attention to data breaches and hacking it is essential that any system used highly secure. Additionally, free solutions don’t always include training or customer support. New board members and those with no experience may not know how to effectively use the software and this could lead to security holes that hackers can exploit. The best way to limit the risk is to use a board management system with robust features and dependable security.