What to Look for in a Virtual Data Room Review
Whether you’re an investment banker who advises clients, or a business seeking to share files beyond the firewall, reviewing your virtual data room is essential to successfully complete projects that require sensitive information. Finding the best VDR isn’t always straightforward. Different providers offer different features security, capacity and even pricing plans. It is easy to get overwhelmed by the plethora of choices.
To make the process less difficult, it’s important to first understand your needs. It all comes to what you require from your VDR. If you’re not sure of your exact requirements, inquire for advice from an advisor who can help you find a solution that will meet the needs of your business. Software review sites such as TrustRadius G2 Crowd and Capterra often provide valuable feedback on specific VDR providers. Beware of “Sponsored” reviews. Many review sites which sell space to vendors may not always provide honest feedback from their users.
In addition, to the basic capabilities, you should look for an online data room with the ability to integrate with your existing systems and applications. This will help streamline your workflows and improve communication. A VDR that has a comprehensive and simple UI is important. You should look for one that allows you to select the folders and files to be your favorites and filter them to show only the items you like. Also look for infinite scrolling, which can help speed up the review process and save time.