The market is brimming with VDR vendors that offer a range of functions and costs. When selecting the right VDR for your business you should consider the security aspects, functionality and user-friendliness. It is also important to examine the type of business or transaction the service supports. Additionally, it’s useful to know the way that VDRs are rated by websites for review of software, such as TrustRadius and G2 Crowd.
In this article we will examine the pricing, features and reviews of the top providers. We will also review their customer service options. It is recommended that you select a provider with a phone support line and online chat. It is recommended to choose an organization that has been in business for a long time and has experience with different industries.
Intralinks is a top provider of virtual data room solutions. They offer a secure environment where you can share sensitive files. Banks, private equity firms and other financial institutions use the platform. The platform offers a range of options, including file tagging and audit logs. Some users complain that the interface can be difficult to navigate and is inefficient.
Ansarada has been in business for 12 years, and boasts half a million successful projects. Their virtual data room was designed for M&A corporate development, and legal work. Its features include basic capabilities for data rooms and integrations with cloud-based solutions as well as role-based Q&A workflows and more than 30 sophisticated AI tools to automate and collaborate. Its cost is slightly more expensive than other options but it provides unlimited storage, a mobile application, and a free trial.