The market is flooded with VDR vendors that offer a variety of functions and prices. When choosing the right VDR for your company you should consider different aspects like security, user-friendliness, and functionality. It is also important to determine which sector or type of transaction the provider supports. In addition, it is helpful to look at how VDRs are rated on websites for review of software, such as TrustRadius and G2 Crowd.
In this article, we will look closer at the top providers, and compare their pricing models, features, and reviews. We will also review their customer service options. It is recommended to choose a service provider that offers both landlines and online chat. It is best to choose one that has been in business for some time and has experience working with different industries.
Intralinks is a leading virtual data room provider, is the market leader in this area. They provide a secure environment that allows you to share sensitive files. Banks, private equity firms and other financial institutions use the platform. The vendor offers a number of options, including file tagging, audit logs and e-signature software. Some users complain that the interface is confusing and unresponsive.
Ansarada is a company that has been in existence for the past 12 years. They have completed more than half a million successful projects. Their virtual data room was created to support M&A work as well as corporate development, and legal work. Its capabilities include basic capabilities for data rooms, integrations with cloud-based solutions as well as role-based Q&A workflows and more than 30 sophisticated AI tools to automate and collaborate. Its check that cost is more expensive than its competitors, but it offers unlimited space and a mobile app and the option of a trial.