Choosing the right VDR provider is a crucial choice for businesses that need to securely exchange confidential documents. The best VDR providers provide a wide range of features, including file sharing, OCR, viewer history and more, which enable companies to work efficiently. Additionally, they provide 24/7 customer support to ensure that any issues or concerns are resolved quickly and reduce the chance of delays.
VDR providers are designed to meet various business scenarios, and picking the right one depends on the industry you work. If you’re looking for a solution to support M&A transactions, then you will need a platform which supports collaboration and secure file sharing. It is also important to consider how easily the software can be integrated into your workflow and the features it can provide to manage your information.
PandaDoc, an easy-to use virtual data room, enables users to share data with your team via chat, email or even by way of a link. The user-friendly interface offers features such as the organization of files, electronic signatures and two-factor authentication. It provides a trial for free and a range of pricing plans.
iDeals is focused on M&A transactions and is a highly-rated VDR with a comprehensive set of features that includes document management, a custom space, and real-time activity tracking. It’s also a reasonable solution since it allows unlimited storage and users. Its security standards include SSAE16 Type II and ISO 27001 certification, as well as the ability to create a private workspace with permissions.