It is important to consider the pricing and solution options when choosing a board portal. A good board management company should have an articulated pricing structure and be upfront about any additional costs, such as governance consulting and entity management, as well as enhanced security protocols. A reputable provider of board management tools will also provide one-on-one support and education for directors in the use of the technology.
Many organisations are faced with the challenge of implementing a board management system as the new generation of directors join boardrooms. This can be difficult when the directors of the company aren’t tech-literate or used to working on digital platforms. Board members want to be able to use the software as a tool to conduct their business like they do with common tools such as Google Drive or Dropbox.
It is vital that any software application for boards is user-friendly and designed with different technical competencies in mind. This is critical to the successful adoption of a software platform, so that directors and administrators can benefit the most value from it without any learning. Additionally, the software must be compatible with the devices directors already have and not require them to buy or learn to use new hardware or software. Additionally, the platform should be accessible any time, anywhere on any device that can be connected to the internet. This lets board members carry out their duties while away from the office, and also avoids unnecessary delays.