When selecting a VDR provider, you should look for an intuitive interface that is easy to use and easy to navigate. The more accessible a platform is more accessible, the easier it is for clients to use and less likely for them to make mistakes in due diligence that could delay the closing. Check if the VDR includes features such as drag and drop uploads as https://howmuch.fyi/best-anonymous-hosting-2021/ well as full text search and optical character recognition to improve search speed and make files searchable. Check for live chat features to make collaboration more convenient even when teams are not located in the same location.
Take a look at whether the VDR includes features to protect files, such as the ability to block specific folders so that only a select group of people have access to the files. This is especially helpful when you’re dealing with sensitive data that’s best shared with a small group of individuals. A good VDR also comes with tracking capabilities to show how many times individuals in the team have access to certain documents, and the amount of time they spend looking at them.
Find reports that are easy to read and gives a comprehensive overview of important data points for C-suite execs to utilize during meetings. Some VDR providers allow you to customize the reports to match the corporate branding for a more professional look. You’ll need to be aware of how adaptable the VDR will be across different platforms and devices. A reliable VDR will work with all major operating systems without the need for multiple plugins, or complicated configurations.