Finding the most suitable VDR service will depend on your specific use scenario. If you’re looking for a repository online to store and share sensitive data or a sophisticated VDR that improves collaboration in due diligence the choice is based on what https://moololly.com/choosing-the-best-board-room-provider-key-considerations-and-options/ you require. The number of participants, the length of the project and the type of information will influence what features you require. You should also think about whether users will be external or internal technical or non-technical. Idealy the VDR you select is one that can be scalable, incorporating both industry-specific and general-purpose functionality.
Select an VDR that provides users activity tracking and reports to ensure compliance, security and visibility. Search for tools that allow you to track and examine file downloads, uploads and user activity in real time. Audit and drill-down logs convert data into digestible insights which make it easier to improve due diligence processes. Also, search functionality must be robust and include optical character recognition (OCR) for PDFs and images and filters for narrowing down files by type and status or viewing activity. Support for customers is available 24 hours a day to help new users navigate data structures and set access levels.
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