If you’re an investment banker advising clients or part of an enterprise looking to share sensitive data beyond the firewall, a simple Google search will turn up an array of VDR providers that vary in price as well as functionality, user-friendliness, and effectiveness. A bad VDR provider can cost you time, money and even an opportunity to make a deal. If you take the time to review pricing plans and options, security standards, and customer service You can choose a reliable VDR solution that will meet your requirements without breaking the bank.
The most critical factor in choosing a VDR is finding one that is easy to use for all participants. Ideally, all participants will be able to sign in from any device including tablets, laptops and desktops and mobile devices to ensure an uninterrupted due diligence or cooperation process. The VDR should also have a simple and intuitive user interface that is easy to navigate. Some providers also offer additional features to improve collaboration. They visit this site include a Q&A area, document annotations and the ability to assign tasks.
It is also essential to select the VDR with a robust data security. Certain providers go above and beyond to protect your files, giving you complete control over access. This allows you to add your signature to collections and folders for ultra-secure sharing. For instance, DocSend VDRs generate unique links that you can copy and paste into emails or instant messaging apps to allow you to share files in a single click. They also prevent users from saving documents to their hard drives or printing them for unauthorized use.
