Finding the Best VDR Provider
If you’re searching for an online repository to store and share sensitive data or a smart VDR to increase collaboration in due diligence processes, locating the best VDR service is based on your use case. The quantity of participants, the duration of the project, and type of information will influence what features you require. It is also important to consider whether the users are external or internal, technical or non-technical. Ideally, the VDR you select is one that can be scalable, incorporating both industry-specific and general-purpose functionality.
Choose an VDR that provides users activity tracking and reports to ensure compliance, security and visibility. Choose a tool that allows you to track and analyse file downloads, uploads and user behaviour in real time. Drill-down reports as well as full audit logs transform the data into digestible insights for simple and effective due diligence processes. Additionally, search capabilities should be able to handle optical character recognition (OCR) for PDFs and images as well as filters to filter files based on file type as well as status or viewing. Additionally, customer support should be available 24/7 to assist new users establish access levels and navigate data structures.