Businesses that require to share confidential documents must choose the right VDR provider. The top VDR providers provide a range of functionalities that allow companies to work more efficiently such as sharing files, OCR and viewer history. They also offer 24 hour customer service to help resolve any questions or issues quickly and reduce the risk of delays.
VDRs are designed to meet different business scenarios. The most suitable VDR service for you is based on your specific industry. If you’re seeking a solution to facilitate M&A transactions, then you will need a platform that can support collaboration and secure file sharing. You should also consider how the software can be easily integrated into your workflow and the features it provides to manage your information.
PandaDoc is a simple virtual data room which lets you share files with team members by link or email, or even a chat app. The simple interface is easy to use, and its functionality includes the ability to organize files, eSignatures and two-factor authentication. It also offers a free trial and a broad range of pricing plans.
iDeals is a VDR that concentrates on M&A deals. It is a full feature-set, including document management, a customised space, and real time activity tracking. It’s also a low-cost solution as it has unlimited storage and users. Its security standards include SSAE16 Type II and ISO 27001 certification as well as an encrypted workspace.