If you’re an investment banker who advises clients or an organization that wants to share sensitive information beyond the firewall, a quick Google search will bring up many VDR providers that range in price as well as functionality, user-friendliness, and efficiency. Making the wrong choice of VDR provider can cost you time, money and even a deal. However, if you take the time to compare pricing structures as well as features, security standards and customer service You can find a dependable VDR solution that will meet your requirements without breaking the bank.
The most important aspect to consider when selecting a VDR is to find one that is simple to use for all participants. Ideally, all participants should be able sign in using any device, including desktops and tablets, laptops and mobile devices, for seamless due diligence or collaboration. The VDR should also have an easy and intuitive user interface that is easy to navigate. Some providers also offer additional features to help enhance collaboration, such as Q&A sections, document annotations, and the ability to assign tasks.
Lastly, it’s important to find a VDR that offers robust data security. Some providers go over and beyond to secure your files by offering the ability to control access. This allows you to mark your authority on folders and collections for ultra-secure sharing. DocSend VDRs as an example create unique links you can copy and past into email or instant message applications to send files with just one click. They also prohibit users from saving documents to their hard drives or printing unauthorised copies.
