How Much Does a Board Portal Cost?

Board portal software is available in all sizes and shapes and all come with unique characteristics that affect the cost. It is crucial to look at these features to determine which one will benefit your business the most and offer a solid return on investment (ROI).

The initial cost of a board management software is only a small part of the equation. Think about the time you spend fixing problems caused by the tool’s inability to function well or make information difficult to locate, and the ROI becomes more obvious.

Since the most efficient and effective board management strategies require immediate and secure access to reports, documents and materials for meetings, it’s essential that you choose an option that offers access from any location, at any time. You should make sure that your board is able to access the portal on any device at any time, using an app or website. There is no additional software required. It’s also helpful to ensure that the system works with the devices your directors already use to access their work, which makes the transition to a new tool effortless and simple.

You’ll also want to make sure that the vendor has an excellent reputation in the industry and has excellent customer service. This is essential, as it will help you avoid a lot of headaches down the line. A reputable service will provide training sessions and remote support. They should also offer the opportunity to try a trial free of charge so that you can see how easy and intuitive their system is to use, without the risk of spending too much on unnecessary features.