There are a variety of VDR vendors available, each with different functionalities and pricing. When deciding on the best VDR for your business you should consider various aspects, including security as well as user-friendliness and functionality. Also, it is essential to examine the industry or transaction that the vendor supports. It is also useful to know how VDRs rank on software review websites like TrustRadius or G2 Crowd.
In this article, we will take explanation a closer look at the top providers and then compare their pricing models, features, and reviews. We will also look at their customer service options. You should search for a service provider who offers both landlines and online chat. It is recommended to choose a company that has been operating for a while and has experience in various industries.
Intralinks, a renowned virtual data room provider, is the market leader in this area. They provide a secure and safe environment for sharing sensitive files. Private equity firms, banks as well as other financial institutions use the platform. The vendor offers several options, including audit logs and file tags. Some users complain that the interface is confusing and unresponsive.
Ansarada is a company which has been operating for the past 12 years. They have completed more than half a million successful projects. Their virtual data room was designed to be used for M&A as well as corporate development and legal work. Its features include basic data room capabilities as well as integrations with cloud solutions and workflows for Q&A based on roles, and over 30 advanced AI tools to automate and collaborate. Its cost is higher than other competitors however it comes with unlimited storage, a mobile app and a free trial.