Choose providers that provide modern user interfaces that are easy to navigate when choosing the right virtual analysis of data. Make sure there are tutorials, guides and customer support to assist onboarding. Make sure the platform integrates seamlessly with other tools and software. It is also important to understand whether the pricing structure is subscription based, pay-per-use or one time.
Choose providers that offer a variety of options for support, including live chat, email, or phone. It is recommended to choose those that have processes in place for data backup and recovery in case of any unexpected problems or natural disasters. If you decide to terminate or change providers, make sure you have a plan in place for how your data will be transferred from the VDR.
For M&A professionals, Datasite offers an easy-to-use platform that is user-friendly and features an easy user permission system. It can also handle large file sizes and allows for batch-uploading optical character recognition as well as an index searchable. It’s a great option for law firms. It is more expensive than competitors. Securedocs is another VDR that is user-friendly, has a simple interface and quick setup time. It also offers a number security features like the ability to watermark and audit log.
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