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Pricing comparisons for board portals are an essential step to select tools for governance that meet your budget and the needs of your board members. When making a comparison it is recommended to take into account both upfront costs and ongoing expenses to get a true picture of the total cost of your secure software for board meetings.

Boards of directors are becoming more aware of the importance of an effective board management system. In addition to the environmental benefits of going paperless, directors appreciate the time savings of being able to avoid the whirlwind of emails and reducing travel costs. Other reasons for the rising popularity of portals for boards include the capability to quickly produce and distribute board packages online, note taking on the web, collaboration, and more.

There are a variety of options to choose from, no matter what the reasons are for your organization to consider adopting a Board Portal. In a board portal cost evaluation, you should take into account the following options: choices for training, support options as well as the volume of data storage and security features.

The most important factor to consider is whether the vendor’s support and service will provide the amount of assurance that your board members need to effectively use the technology. This includes knowing if there’s an online, live support line to help assist with questions and issues as they occur.

As the market continues to grow and evolve, it’s also an excellent idea to know how a vendor plans to develop their products in the near future. The ideal vendor should be able to explain the way their product offerings are changing in order to remain ahead of the best practices for governance as well as the needs of their clients.