Comparing pricing for board portals is a crucial first step to selecting governance tools that fit your budget and the requirements of your board members. It is essential to compare the upfront and ongoing costs of board meeting software to get a clear estimate of its total costs.
Boards of directors are becoming more aware of the importance of a board management system. Aside from the environmental benefits, directors also value the time savings that result from avoiding the email tangle and reducing travel expenses. Other reasons for the rising popularity of board portals include the ability to quickly create and distribute board packs online, online note-taking and collaboration, and many more.
There are numerous options available regardless of what the reasons are for your company to implement the Board Portal. The most important factors to look at in pricing comparisons for board portals are the training options, support quality, security features and the storage capacity of data.
The most important thing to consider is whether the vendor’s support and services will give your board members the confidence they require to use the technology effectively. This includes knowing if there is an actual, live support line to help answer questions and resolve issues as they occur.
It is important to understand what vendors are planning to do with their products as the market continues to expand and change. A good vendor will be able to describe how their current offerings are changing to keep up with best practices in governance and the demands of their clients.