Board portal pricing comparison is an essential step to select governance tools that match your organization’s budget and meet the needs of board members. It is essential to compare the upfront and ongoing costs of software used for board meetings to get a clear estimate of the total cost.
Boards of directors are becoming more aware of the importance of a board management system. Apart from the environmental benefits, directors also value the time savings that come from eliminating the tangle of emails and reducing travel costs. Other reasons for the growing popularity of boards’ portals include the ability to swiftly create and distribute board documents online, note taking on the web, collaboration, among other things.
Regardless of the drivers index driving your company to implement boards portals there’s a wide variety of options to choose from. In a board portal cost evaluation, you should take into account the following options: the options for training, support features, data storage volume, and security features.
The most important thing to think about is whether or not the support and service provided by the vendor will give your board members the confidence needed to make use of the technology effectively. This is a prerequisite to knowing that there is a an in-person, live support line that can help answer questions or address issues as they arise.
As the market continues to change and grow and evolve, it’s a good idea to understand how a vendor plans to improve their products in the near future. A good vendor will be able to describe how their current is changing to keep up with best practices in governance and the needs of their customers.