There are a myriad of options on the https://boarddvd.com/implementing-strong-corporate-governance-pre-ipo/ market, whether you want board meeting software to make your meetings more productive and more efficient or if you simply want to digitize all of the documents of your board. You’ll find options from free to premium, 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 covers support, maintenance and upgrades to your board management system. You can also save money if you reduce the traditional costs, such as binding and printing your meeting materials and the cost of couriers.
A comprehensive board portal solution provides everything your company needs to plan, conduct and track your meetings. The features include board scheduling tools, as well as easy document uploading, as well being able to access meeting agendas and resolutions. You can also utilize the platform to manage RSVPs, set up committees, and much more. Certain solutions provide eSignatures, which make it easier to get everyone to sign and agree.
The best board management software is one that offers at least 128-bit encryption to ensure that your board’s email and communications are protected from phishing and hackers. A majority of free systems however, provide no security whatsoever, or low encryption that could expose confidential information to unauthorized access.