If you’re an investment banker who advises clients or read what he said an enterprise looking to share sensitive documents beyond the firewall, a simple Google search will reveal several VDR providers with varying prices, functionality, ease-of-use and efficacy. The wrong VDR provider can cost you money, time and even a business deal. By comparing pricing features, features, security standards and customer support and features, you can discover a cost-effective VDR solution to meet your needs.
The most important consideration when selecting the right VDR is that it needs to be easy to use by all parties. Ideally, all parties are able to sign in from any device, including desktops and tablets, laptops and mobile devices, to facilitate an effortless due diligence or collaboration. Additionally the VDR should provide a clear and user-friendly experience that is easy to navigate. Some providers also offer additional features to support and improve collaboration, including the Q&A section along with document annotations and the ability to assign tasks.
It is also essential to select a VDR with strong security for data. Some providers go above and beyond to secure your files using granular access controls, allowing you to stamp your authority on folders and collections of documents for a secure file sharing. For instance DocSend VDRs create unique links that you can copy and paste into instant messaging or email applications, allowing you to send documents with a single click, and they prevent users from saving files to their hard drives or printing them for non-authorized use.