The market is brimming with VDR vendors offering a range of functions and prices. Deciding on the right one for your company requires careful consideration of a variety of factors, including security, functionality, and user-friendliness. It is also crucial to consider the industry or transaction a provider supports. Additionally, it’s useful to know how VDRs are rated on review sites for software such as TrustRadius and G2 Crowd.
In this article, we will examine the top providers and then compare their features, pricing models and reviews. We will also examine their customer support options. You should search for a service provider who offers both landlines as well as online chat. It is best to select one that has been in business for some time, and has experience working in different industries.
Intralinks is a top provider of virtual data room solutions. They provide a secure environment to share sensitive files. Private equity firms, banks as well as other financial institutions use the platform. The vendor provides a wide range of options, including audit logs, file tagging, and e-signature tools. Some users complain that the interface can be confusing and unresponsive.
Ansarada is a company which has been operating for the past 12 years. They have completed over half million successful projects. Their virtual data room was developed to support M&A work, corporate development and legal work. Its capabilities include the basics for data rooms and cloud-based solutions, as well as integrations with them, role based Q&A workflows and more than 30 sophisticated AI tools to automate and collaborate. The price is higher than its competitors, but it offers unlimited space and mobile apps, and the option of a trial.