Calculating The Cost Savings Of A Board Portal Vs. “Free” Options
July 25, 2016

Calculating the Cost Savings of a Board Portal vs. “Free” Options

Last week a prospective client asked us how BoardEffect users typically measure organizational cost savings from using our product.  This is a relatively common question, which isn’t surprising given that virtually all organizations today operate with budget constraints. But this frequent and seemingly simple request implies a range of related questions centered around calculating Return on Investment (ROI).  In an effort to address this question completely but concisely, I’ve broken this into a two-part response.  This first post articulates a way to think about and justify the general cost of implementing a board portal versus the most common alternatives.  The ensuing second post will offer a framework for comparing the cost of commercial off-the-shelf software versus building one’s own custom board portal solution.

March 11, 2014

What is the Right Role for I.T. in Managing a Board Portal?

Recently, we received a call from an IT director who was looking for some advice on how to best help the board office staff take “ownership” of their BoardEffect board portal. The board office was being flooded with requests from committees, senior management teams, and working groups to expand the use of the board portal.  But rather than asking IT to organize the new requests and training, they wanted the IT team to “just handle it,” by which they meant “take over the day-to-day management of our BoardEffect portal.”