There are many VDR vendors on the market, each with different functionalities and prices. The best choice for your business requires careful consideration of many factors, including security as well as user-friendliness and functionality. It is also important to consider which business or industry a particular vendor supports. Additionally, it’s beneficial to examine how VDRs are rated on software review sites like TrustRadius and G2 Crowd.
In this article we’ll review the features, pricing models and reviews of the top providers. We will also review their customer support options. It is recommended to search for a service that provides phone support landlines and online chat. It is recommended that you choose one who has been in operation for a long time and has experience working with different industries.
Intralinks is a leading 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 utilize the platform. The platform offers a variety of features, such as file tagging, audit logs and e-signature tools. However, some users have complained that the interface is complicated and inefficient.
Ansarada has been in the business for 12 years, and boasts a half million successful projects. Their virtual data room is specifically designed for M&A and corporate development and legal work. Its features include basic data room capabilities as well as integrations with cloud solutions, role-based Q&A workflows, as well as more than 30 advanced AI tools to automate and collaborate. Its cost is higher than others, however it comes with unlimited storage as well as a mobile application and the option of a trial.