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Comparing the pricing of board portals is an important first step to select governance tools that fit your budget and meet the requirements of your board members. When comparing it is best to think about both upfront costs as well as ongoing expenses to get a clear picture of the total cost of your secure software for board meetings.
Directors’ boards are increasingly recognizing the value of an effective board management system. Apart from the environmental benefits, directors also value the time savings that result from avoiding the email tangle and reducing travel costs. Other reasons behind the growing popularity of boards’ portals include the capability to quickly make and distribute board materials online, note taking on the web, collaboration, among other things.
There are numerous options available regardless of the motives for your organization to consider adopting an online Board Portal. In a board portal price evaluation, you should take into account the following options: the options for training, support features, data storage volume, and security features.
The most important thing to consider is whether the support and service offered by the vendor will give your board members the confidence they need to effectively use the technology. This includes knowing if there is a live, in-person support line that can help answer questions or address issues when they arise.
It is essential to know how vendors plan to develop their products as the market continues to expand and change. The right vendor should be able explain the ways in which their offerings are changing to remain ahead of the best practices in governance and their clients’ needs.