Pricing comparison for Board portals is an important factor in choosing tools for governance that meet your budget and board members’ needs. It’s important to compare both the initial and ongoing cost of software for board meetings to get a clear image of the total cost.
Directors are increasingly becoming aware of the benefits of modern board management systems. In addition to the environmental advantages, directors also appreciate the time savings associated with eliminating the tangle of emails and reducing travel expenses. Other reasons for the rising popularity of online portals for board meetings include the ability to rapidly create and distribute board documents, online note taking and collaboration, and many more.
There are a variety of options to choose from regardless of the motives for your organization to consider adopting the Board Portal. In a board portal price evaluation, you should take into account the following: training options, support features such as data storage capacity, and security features.
The most important thing to consider is whether the support and service provided by the vendor can provide the level of trust your board members require to effectively use the technology. This includes knowing if there is a live, on-site support line that can answer questions or address issues when they arise.
It is important to understand how vendors plan to improve their products as the market continues to grow and change. The right vendor will be able to describe how their current offering is changing to keep up with governance best practices as well as the demands of their clients.