04/09/2019
Do you serve on a board?
If so, have you verified your board's D&O (Directors and Officers) insurance policy? If it doesn't have one, board members could be personally liable in the event of a lawsuit.
And let's admit...…… we live in a litigious society!
One of the main risks for boards is loss of historical information that could protect them in the event of litigation, or simply be useful to next generation board members.
Board members are typically not compensated, and are not the best at storing or handing over documents when their term expires.
Dropbox for Business is a great way to mitigate that risk. All documents are kept securely in the cloud, and access is provided only to current board members. You can see exactly who has accessed or shared any document. More importantly, if someone accidentally (or otherwise) deletes documents in Dropbox, you can get them back!
Did you know that Dropbox has non-profit pricing? Virtual Solutions has a Non-Profit Setup Package that creates a Board folder structure that is used by most boards, so you can immediately begin using it for your board.
Email us at [email protected] for more information!