It’s crucial to determine your primary use before choosing the VDR. If you need to share a lot of sensitive documents as part of a merger or acquisition, for example you should ensure that the platform allows for the granularity of permissions, as well as a thorough auditing and tracking.
Also, you’ll want make sure that the platform is user-friendly, has low learning curves, and offers 24/7 customer assistance when needed. You should look for features that conform to the site link guidelines and workflows of your industry. Some of them include a customisable interface, built-in NDAs and electronic signatures as well as real-time collaboration tools, Q&A sections, and AI-powered analytics.
As you compare different providers, take note of their pricing structure. You should select an option that is transparently priced per page and can be scalable depending on your needs. Take a look at the testimonials and reviews from customers to evaluate the service quality and reliability.
Choose a VDR service that comes with strong security features, and an easy integration process. Top-rated VDRs offer a variety of security for data and access, such as two-factor verification, timed expiration of access, granular settings for permissions and IP-based restrictions. They also adhere to strict compliance standards like SOC 1 & SOC 2 ISO 27001, HIPAA and CCPA. Additionally, they place a premium on security and privacy by keeping detailed activity logs that show transparency and accountability. They’re a great choice for businesses that need to comply with strict regulatory compliance.