Comparing pricing for board portals is a critical first step to select the right tools for your governance needs that will fit within your budget and the requirements of your board members. It is important to evaluate the upfront and ongoing costs of board meeting software to get a clear image of the total cost.
Directors’ boards are becoming more aware of the importance of an effective board management system. In addition to the environmental advantages of going paperless directors appreciate time savings by being able to avoid the whirlwind of emails and reducing travel costs. Other reasons for the growing popularity of portals for boards include the ability to swiftly make and distribute board materials, online note taking and collaboration, and more.
There are numerous options available, no matter what the motivations are for your organization to consider adopting an online Board Portal. Some of the most important factors to consider in a board portal pricing comparison are training options, support quality, security features, and the amount of data storage.
The most important aspect to think about is whether the vendor’s support and services will give your board members the confidence they need to make use of the technology effectively. This includes knowing the availability of a a live, in-person support line that is able to answer questions or address issues when they arise.
It’s important to know how vendors plan to develop their products as the market continues to expand and change. The ideal vendor should be able explain how their product offering is changing in order to remain ahead of the best practices in governance and their customers’ needs.