Businesses that need to exchange confidential documents in a secure manner must ensure they select the right VDR provider. The top VDR providers provide a range of features that allow businesses to operate more efficiently, for example, file sharing, OCR and viewer history. They also offer 24/7 customer service to resolve any issues or concerns quickly and decrease the risk of delays.
VDR providers are designed for various business situations, and deciding the right one depends on the industry in which you operate. For instance, if searching for a solution for M&A transactions, you’ll require a platform that supports collaboration and secure file sharing. You should also consider how it’s easy to integrate the software into your workflow and what features are available to manage your data.
PandaDoc It is an easy-to-use virtual data room, enables you to share your files with your team via chat, email, or by way of a link. Its easy-to-use interface is a breeze to use and features file organization, eSignatures and two-factor authentication. It provides a trial for free along with a range of pricing plans.
iDeals is a VDR that concentrates on M&A deals. It comes with a comprehensive set of features, such as document management, a customised space, and real time activity tracking. It’s also a low-cost solution since it offers unlimited storage and users. Its security standards include SSAE16 Type II and ISO 27001 certification in addition to an encrypted workspace.