There are a myriad of options on the market, whether you’re looking for board meeting Board Management Software software that can improve the efficiency of your meetings and less time-consuming or just want to digitize all of the documents of your board. You’ll find options ranging from free to expensive, according to your budget and needs.
You will pay anywhere from hundreds to several thousand dollars a year, based on the features and complexity of your system. The annual fee for subscriptions includes maintenance, support and upgrades to your board management platform. You’ll also save money by removing traditional expenses like binding and printing for your meeting materials, courier charges as well as other costs associated with distribution of your board’s books.
A complete solution for a board portal contains everything you need to plan, conduct and track your meetings. Features include tools for scheduling board meetings simple uploading of documents, and instant access to agendas and resolutions. You can also use the platform to keep track of RSVPs, set up committees, and much more. Some solutions even offer e-Signatures to enable everyone to sign consent and approvals.
The most reliable free board management software should offer at least 128-bit encryption to ensure that your board’s emails and communications are safe from phishing and hackers. Many free systems offer no security or very low encryption, which may expose confidential data to outsiders.