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The market is brimming with VDR vendors with a variety of functionalities and prices. When selecting the best VDR for your company, you need to consider different aspects like security, user-friendliness, and functionality. It is also important to think about the type of sector or type of transaction the provider supports. In addition, it is helpful to look at the way VDRs are evaluated on websites for review of software, such as TrustRadius and G2 Crowd.
In this article, we’ll take a closer look at the top providers and analyze their features, pricing models, and reviews. We will also look at their customer service options. It is recommended that you select a provider that provides phone support landlines and online chat. It is recommended to select one that has been around for a long time and has worked in various industries.
Intralinks is a leading virtual data room provider, is the leader in this field. They provide a safe environment that lets you share sensitive files. Private equity firms, banks and other financial institutions use the platform. The vendor provides a range of options, including audit logs, file tagging, and e-signature tools. Some users complain that the interface can be confusing and inefficient.
Ansarada has been in the business for 12 years and boasts a half million successful projects. Their virtual data rooms were designed to facilitate M&A work, corporate development and legal work. Its features include basic data room capabilities and integrations with cloud-based solutions as well as role-based Q&A workflows as well as more than 30 advanced AI tools for automation and collaboration. Its cost is higher than the other options, but it provides unlimited storage and a mobile app and an opportunity to try it out for free.
