Glass Delivery Specialist

What to Look for in a VDR Software

The most effective vdr software makes it simple to use and integrates into your workflows. The ability to integrate preferred integrations, like could make the transition smoother for teams used to working with tools like Microsoft OneDrive or Slack. An intuitive user experience will improve efficiency, too. If you find that a VDR requires an extensive learning curve to navigate, it could hamper the process of making deals and create unnecessary steps.

A reputable VDR will also let you know who has visited what documents. You can monitor activity on the page to see who viewed what documents, when, and for how long. You can even prevent users from downloading or printing sensitive documents. This is perfect for sensitive IP or when you want to keep information from certain people in a secure manner.

A streamlined organization process is essential for VCs and PE firms, who are often working with multiple reams of paperwork at a time. The right VDR can help organize these reams of documents and speedily move them through due diligence. VDRs can also be useful for these groups because they include a Q&A function that permits experts to answer questions without revealing the identity of the submitter. Find customizable reports and analytics on data in a glance that are easily accessible during internal meetings. These features can make the difference between a deal that’s successful and one that is not.

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