Our era is marked by both the ubiquity of pocket-sized electronic devices powerful enough to connect us to people around the world and paranoia over cyber security. If the most powerful multinational corporations and even political parties are getting hacked, can the rest of us be safe?
Organizations in the financial sector have as much need to take precautions as anybody. For credit union boards, the best path towards getting powerful, modern communication tools that also assures them of privacy has been board portal software.
Read on to get a closer look at the ways credit unions have used board portal software to their advantage.
Hackers won’t be able to access your system because all of the best board portal software is highly encrypted. The most professional services all store their information on servers that adhere to independent, third-party security certifications.
Logging in is never confusing or time-consuming, but each log-in is authenticated. This makes it easy for you to know that everyone who accessed the system was in fact meant to have access. Role-based permissions also make it easy to control who in your organization can access what files, keeping sensitive information on a need-to-know basis.
If a director from your credit union misplaces their organization-issued device, all of its stored board data can be wiped remotely. This is the best way to prevent a security breach from occurring. On the flip side, if this director then needs to access board material, they can simply log in from any other tablet, desktop, or laptop.
Seamless Connectivity and Collaboration
The directors of your credit union may live in different cities, and naturally they are busy people: it’s essential that your technology enables them to collaborate effectively, in a way that also saves them time. When you get board meeting software by Aprio, you’ll give your directors all the tools they need to work efficiently, no matter how far apart they are geographically.
Board portal software lets your directors read, share, and annotate all board materials such as agendas, minutes from past board meetings, and materials for meetings still to come. With the click of a button, admins can aggregate and upload board packages, swap in new documents and edit existing documents, and let board directors know if there have been any changes.
Staying connected remotely is easier because communications are centralized and streamlined: all communication occurs in one place in the software, which directors can access from the device they’re most comfortable using. This puts an end to bouncing back and forth between email and text messaging. By the time the next board meeting comes around, all of your directors will already be on the same page.
It’s understandable that directors feel a pressing need for better communication tools in such a competitive climate, and for cyber security amid so many data breaches. Your credit union can address both concerns today by opting for board portal software.