Comparing the cost of a board portal is an important step in choosing a tool for managing boards that is affordable while offering the features you need. To make the most informed choice make sure you take a holistic approach to pricing that takes into account all ongoing and upfront costs related to the tool. This includes training and support, secure storage volume and additional tools.
When you’re evaluating various tools, it is essential to determine how each affects the efficiency of your board of directors and its members. For example, some applications offer mobile apps that allow directors to access meeting records while on the go, and utilize a variety for a simple collaboration. Some tools have board management tools that streamline administrative tasks and help you save time and money.
The ease of use must be a factor in the process of selecting. The board portal should have an easy user interface with simple-to-understand icons as well as intuitive navigation. Additionally it should be accessible on all devices as well as web browsers. This will help you save time and money, by removing the requirement to search through boards that are physically stored or go through email threads for information.
It is a good idea to create a list of key considerations when selecting the software. This will make it easier to go through the process. Use this checklist to collect all the relevant information regarding security options, training and governance options, as well as the decision-making tools each shortlisted platform offers. This will allow you to narrow down your options to just those that can meet your needs and align with your governance processes.