Pricing comparison for Board portals is an important step in selecting tools for governance that meet your budget and the needs of your board members. It is important to evaluate the initial and ongoing costs of software for board meetings for a precise picture of its total cost.
Boards of directors are increasingly recognizing the value of an effective board management system. In addition to the environmental advantages of going paperless directors appreciate the time savings of getting rid of the email swarm and reducing travel expenses. Board portals are also well-known because they facilitate the quick creation and distribution of board-related packages as well as online note-taking and collaboration.
Regardless of the drivers driving your company to implement a board portal there’s a broad choice of options to select from. In a board portal cost evaluation, you should take into account the following options: possibilities for training, support features as well as the volume of data storage and security features.
The most important factor to consider is whether the vendor’s service and support will provide the level of trust that your board members need to be able to utilize the technology. This is a prerequisite to knowing that there is a live, in-person support line that can answer questions or address issues when they arise.
As the market continues to grow and evolve it’s an excellent idea to know the way a company plans to develop their products in the future. The right vendor should be able explain the ways in which their offerings are changing to remain ahead of the best practices for governance and the needs of their clients.