Comparing the cost of a board portal is a vital first step to select the right tools for your governance needs that will fit within your budget and meet the needs of your board members. It is crucial to compare the initial and ongoing costs of software for board meetings to get a complete picture of its total cost.

Boards of directors are increasingly recognizing the value of a board management system. In addition to the environmental advantages of going paperless directors value time savings from being able to avoid the whirlwind of emails and reducing travel costs. Board portals are also well-known because they enable quick production and distribution of board packages in addition to online note-taking and collaboration.

No matter what the driving factors that are driving your organisation to adopt boards portals there’s a broad range of options to pick from. In a board portal price comparison, you should consider the following: choices for training, support options, data storage volume, and security features.

The most important aspect to think about is whether or not the vendor’s support and services will give your board members the confidence they require to effectively use the technology. This includes knowing if there is live, personal support line that can assist with questions and issues as they occur.

As the market continues to change and grow, it’s also an excellent idea to know how a vendor plans to improve their products in the future. The best vendor will be able describe how their current offering is changing to stay ahead of governance best practices as well as the demands of their clients.