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Cost is likely to be at the forefront of any company’s mind when it is time to purchase board portal software. Comparing vendor pricing and solution features will help you select the most appropriate solution for your needs.
How you evaluate board portal prices depends on your organization’s operations as well as the number of users that will use the software and the amount of digital space you’ll need. Then, take into consideration your legal requirements and whether you’ll require additional tools for specialized tasks. Selecting a plan with a mix of all the essentials and some optional tools can help you not pay for features that do not add value.
Some vendors employ a per feature or per-user method to calculate the price of the system. They consider the number of users and tools as well as the amount of storage space the company needs. Some vendors offer fixed monthly subscription fees that allows you to see all the tools and storage in advance and eliminate any unanticipated charges.
All the features a premium board management software solution could include are designed to improve your organizational processes and governance capabilities. This includes features that streamline the administrative tasks of meeting management, like making and sharing agendas, creating and distributing documents, and capturing the outcome of board meetings. It also comes with features that let you communicate with your team. These include document annotation tools, discussion & chat tools, as well as other. Other useful tools include task-tracking, voting and surveys to gather feedback in or outside of meetings, as well as eSignature functionality to facilitate the signing and approval of important documents.
