VDR software is a good option for those looking for a simple way to share documents securely and effectively. It is particularly beneficial for business processes like M&A, due diligence and fundraising that require multiple parties to share documents. VDR software unlike email, provides a variety of features and protections to safeguard intellectual property and protect against data breaches.
Companies should take into consideration their future and present needs when choosing the right VDR. This will help them choose an option that can grow with them. This will help businesses avoid problems that could arise from selecting a vendor who isn’t large enough or expensive. Some of the most important aspects to consider include the cost, attribute arrangement and technical support. Businesses should also request a free trial to test the various vendors and choose which one best meets their needs.
VDR providers provide a variety of pricing models based on the scope and duration of each project. Ideals VDR, for example provides affordable pricing plans based on the number of users as well as the size of documents stored.
Intralinks is another option that is gaining popularity. It is a specialist in M&A due diligence, and is renowned for having an easy-to-use interface. It also provides a robust set of security features such as two-factor authentication, watermarking, and audit logs. Securedocs is a third choice that boasts an intuitive and user-friendly interface, a rapid setup and cost transparency.
It’s important that you choose a VDR that is accessible from a variety devices. Find a VDR that can be used on desktop and mobile platforms, as well as a variety of languages. Find a platform which lets you set up rules for the names of files and storage structures and monitors the activity in real-time.