If you require board meeting software to make meetings easier and more productive or need to digitize your board’s documents there’s a vast range of options available in the market. You’ll find options from free to expensive, in line with your budget and requirements.
Based on the features available and the complexity of your board management system It is possible to spend between some hundred dollars up to several thousand dollars a year. The annual cost of subscription covers maintenance of your system, support, and improvements to your board management platform. You can also save money when you remove traditional costs like printing and binders to hold your meeting materials and courier fees.
A complete board portal solution will include everything your organization needs to prepare the meetings, conduct them, and monitor the outcomes of your meetings. The features include board scheduling tools and easy uploading of documents as well being able to access meeting agendas and resolutions. The platform can be used to keep track of RSVPs, create committees, and more. Some platforms even provide e-Signatures to enable everyone to sign consent and approvals.
The best board management software will offer at least 128 bits of encryption to ensure that your board’s email and communications are secure from hackers and phishing attempts. A majority of free systems however, provide no security at all or only very weak encryption, which could expose confidential information to the public.