A digital board-meeting program is a must-have for both board administrators and members. It helps administrators plan meetings efficiently and streamlines sharing, annotating and signing documents. It offers a platform that can be used by board members who want to communicate and share information outside of meetings.
However, selecting the best board management software requires careful consideration to ensure that it is an investment worth the cost. Many factors need to be evaluated, including usability pricing, and features.
Check the maturity of the technology in your organization. Consider introduction of the solution slowly to any technology laggards. If you are worried that board members might not be willing to use virtual data room the software, search for a solution with an intuitive interface that is optimized for tablet, desktop and mobile devices.
It’s also important to select a system that is secure. A board portal must be able protect your data by using strong encryption and international security standards. It is also important to select a solution that has a dedicated group of customer service professionals.
Once you have identified your board’s’must-haves’, shortlist suppliers that will meet your needs within your budget. Be sure to consider the costs of implementation and training. Find a service that provides a clear and transparent breakdown of charges, flexible payment plans, and a clear pricing. This will help reduce frustration with the cost of adopting.