Finding the Best VDR Provider

If VDR software you’re looking for an online repository to keep and share sensitive data or a savvy VDR to facilitate collaboration in due diligence processes, finding the most appropriate VDR provider will depend on your use case. The number of participants, the duration of the project, and the type of data all influence which features are needed. Think about whether the users are internal or external and whether they are technical or not. Ideally, your selected VDR should be scalable and provide both general and industry specific function.

Select the VDR that has user activity tracking and reporting capabilities to ensure security, transparency and compliance. You should consider tools that allow you to monitor and analyze in real-time the downloads, uploads and user behavior. Drill-down reports as well as full audit logs turn data points into digestible information for easy and efficient due diligence processes. Search functionality should also be robust with optical character recognition for PDFs and images and filters to filter files based on file type, status, or even viewing activity. Additionally, customer support should be available 24 hours a day to help new users set access levels and navigate data structures.