There are numerous options on the market, whether you’re looking for board meeting software to make your meetings more productive and less time-consuming or simply want to digitize every one of the documents of your board. There are options that range from free to high-end according to your budget and requirements.
You can expect to pay between some hundred and several thousand dollars per year, depending on the features and complexity of your system. The annual fee for subscriptions covers support, maintenance and upgrades for your board management software. You can also save money when you reduce the traditional costs, such as printing and binders to hold your meeting materials and courier fees.
A complete board portal solution will provide everything your company will require to prepare for conducting, record, and monitor the outcomes of your meetings. The features include scheduling tools and simple document uploading, as well being able to access meeting resolutions and agendas. The platform can be used to track RSVPs as well as create committees and much more. Some platforms offer eSignatures which makes it easier for everyone to consent and approve.
The most reliable free board management software will provide at least 128-bit encryption to ensure that your board’s emails and communications are secure from hackers and phishing attempts. A lot of free software offers little or no encryption, which could leak private information to anyone who wants to.