The best vdr is straightforward to use and integrates with your existing workflows. For instance, the capacity to install preferred integrations can help make the transition smooth for teams that are comfortable working with tools like Microsoft OneDrive or Slack. An intuitive user experience will enhance efficiency, as well. If an VDR requires an extensive learning curve to navigate it can hinder the process of making deals and create unnecessary steps.

A reputable VDR will also let you track who has seen what documents. You should look for activity tracking at the page level to track which files have been viewed and by whom, at what time and for how long. You can also stop users from printing or downloading sensitive files. This is perfect for sensitive IP, or if you want to keep information confidential between only a small group of people in a secure manner.

A streamlined organization process is crucial for VCs as avast review well as PE firms who are often dealing with reams of paperwork at one time. The best VDR can aid in the organization of these reams and help them move through due diligence quickly. Other features that assist VDRs in their work include a central Q&A module and a feature that routes questions to experts and enables the experts to provide answers without disclosing submitters’ PII. Look for customizable reports and at-a-glance data analytics which can be easily accessed during internal meetings. These capabilities can be the difference between the success of a deal and an unsuccessful one.