It is crucial to look up reviews on third-party websites, such as Trustpilot and Software Advice, as well as analyzing employee reviews on Glassdoor. This will give you greater insight into the reliability of the service as well as its ethics. Additionally, you should examine the provider’s compliance with data security standards and the features that meet the specific needs of your industry.
Modern virtual dealrooms are outfitted with a range of functions that manage data and document access. The most important feature is that they offer secure storage and access control for sensitive data. This means that they are able to avoid attacks, breaches and theft. Some providers also provide advanced tools for reporting and analytics that support critical business operations like due diligence and fundraising rounds.
Intralinks for instance provides advanced features for complex transactions like M&A or raising funds. They offer multi-project management, document tagging, the ability to tamperproof annotations. They also offer a customizable NDA and permission-based roles. They also offer the ability to control access in a granular manner with dynamic watermarking, and two-factor authentication. Intralinks offers an unambiguous pricing model and outstanding customer service, as click here for more well as its advanced features.
Another top-tier VDR is Merrill Datasite, which provides an easy-to-use interface as well as different formats for files. It also offers a drag-and-drop bulk upload report, cross-project reporting, and activity tracking. Additionally, it supports multiple languages and has a great customer support team.