When deciding on a VDR provider, it’s important to first determine the main purpose of your choice. If you need to share a large volume of sensitive documents as part of a merger or acquisition, for example, you will want to make sure that the platform allows for the granularity of permissions, as well as a thorough auditing and tracking.
You should also ensure that the software you choose is user-friendly and has a low learning curve, and offers 24/7 customer service if needed. Also, look for features that match your industry’s standard and workflows. They include a user-friendly interface as well as NDAs, eSignatures, and real-time collaboration tools.
As you compare different providers, you should be aware of their pricing structure. You’ll want to choose an option that charges transparently per page and can be scalable depending on your requirements. Look at testimonials and references from customers to assess the quality of service and reliability.
Choose a provider with robust security features and a streamlined integration process. The most highly rated VDR providers offer multiple levels of data and access security with two-factor authentication, timed access expiration and granular permission settings and IP address-based restrictions. In addition they adhere to stringent conformity standards such as SOC 1 & SOC 2, ISO 27001, HIPAA, and CCPA. They also place a high value on security and privacy by keeping thorough activity logs that show transparency and accountability. They are therefore a good choice for businesses who need to ensure strict regulatory compliance.
