Board portal pricing comparison is an important step in selecting tools for governance that are compatible with your budget and the needs of your board members. When comparing it is recommended to take into account both upfront costs and ongoing expenses to get a true picture of the total cost of your secure software for board meetings.
Directors’ boards are increasingly appreciating the value of an effective board management system. Apart from the environmental benefits, directors also appreciate the time savings that result from eliminating the tangle of emails and reducing travel costs. Other reasons behind the growing popularity of online portals for board meetings include the ability to quickly create and distribute board packs online, online note-taking and collaboration, among other things.
Whatever the reasons that drive your company to implement the board portal, you’ll find a wide range of options to pick from. In a board portal price evaluation, you should take into account the following: the options for training, support features such as data storage capacity, and security features.
The most important aspect to consider is whether the vendor’s support and service will give the level of trust that your board members require to effectively use the technology. This includes knowing if there is a an in-person, live support line that can help answer questions or address issues when they arise.
It is crucial to know how vendors plan to improve their products as the market continues to expand and change. A good vendor will be able explain the way their product offerings are evolving in order to stay ahead of best practices in governance, as well as their clients’ needs.