The comparison of pricing for the Board portal is an important step in selecting tools for governance that are compatible with your budget and board members’ needs. When comparing it is recommended to take into account both upfront costs as well as ongoing costs to get an accurate picture of the total cost of your secure software for board meetings.
Board of directors are increasingly acknowledging the value of modern board management systems. In addition to the environmental benefits of going paperless, directors value time savings from escaping the email swirl and reducing the cost of travel. Other reasons for the increasing popularity of portals for boards include the ability to rapidly produce and distribute board packages online, online note-taking and collaboration, and more.
Regardless of the drivers driving your organisation to adopt a board portal, you’ll find a wide range of options to pick from. The most important aspects to look at in pricing comparisons for board portals are the training options, support quality, security features, and the volume of data storage.
The most important thing to think about is whether or not 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 live, on-site support line that is able to answer questions or address issues as they arise.
It is crucial to know what vendors are planning to do with their products as the market continues to expand and evolve. A good vendor will be able to explain how their description current product is evolving to keep ahead of governance best practices and the needs of their customers.