There are many solutions available on the market, whether you’re looking for board meeting software to make your meetings more productive and easy, or if you want to simply digitize all of your board’s documents. You can choose from free to premium, in line with your budget and requirements.
Based on the features that are offered and the complexity of your board management system depending on the features and complexity of your board management system, you can expect to pay anywhere from a few hundred dollars to several thousand dollars a year. The annual fee for subscriptions covers the maintenance of your system, support, and enhancements to your board management system. You will also save money by deciding to remove traditional costs like binding and printing your meeting materials and costs for couriers.
A complete solution for a board portal provides everything your company needs to organize, conduct and monitor your meetings. Features include tools for scheduling board meetings for easy uploading of documents, and instant access to agendas and resolutions. You can also utilize the platform to manage RSVPs, set up committees, and much more. Some platforms offer eSignatures which makes it easier to get everyone to consent and approve.
The best free board management software should offer at least 128 bits of encryption to ensure that your board’s email and communications are safe from phishing attempts and hackers. Many free programs offer no security or very low encryption, which can expose private information to anyone who wants to.