If you’re an investment banker who advises clients or part of an enterprise looking to share sensitive information beyond the firewall, a simple Google search will turn up a bevy of VDR providers ranging in price features, functionality, user-friendliness and efficacy. Making the wrong choice of VDR provider could cost you money, time and even a bargain. If you take the time to evaluate pricing plans, options, security standards, and customer support to find an efficient VDR solution that will meet your needs without breaking the bank.
The most important aspect to consider when choosing a VDR is that it should be user-friendly for all parties. Ideally, all participants will be able sign in from any device including tablets, laptops and desktops and mobile devices for an uninterrupted due diligence or cooperation process. Additionally to that, the VDR should offer a clean and user-friendly experience that is easy to navigate. Some providers also provide additional features to help improve collaboration, including a Q&A section, document annotations, and the ability to assign tasks.
It’s also important to choose a VDR with strong security for data. Some providers go the extra mile to protect your files with granular access controls, allowing you to stamp your name on collections of folders and files for ultra-secure sharing of files. DocSend VDRs, for instance create unique links you can copy and paste into email or instant message applications to send files with just one click. They also prohibit users from saving their documents on their hard drives, or printing them without authorization. copies.
