Whether you’re an investment banker providing advice to clients or part of a corporation looking to share sensitive information beyond the firewall, a quick Google search will bring click for source up several VDR providers ranging in price as well as functionality, user-friendliness, and efficiency. The wrong VDR provider can cost you money, time and even a business deal. By comparing prices features, security standards, features, and customer service, you can find a low-cost VDR solution that meets your needs.

The most important aspect to consider when selecting a VDR is that it should be easy to use by all participants. Ideally, all parties are able to sign on any device, including desktops, tablets, laptops and mobile devices, enabling seamless due diligence or collaboration process. The VDR should also have users with a simple and user-friendly interface that is easy to navigate. Some providers offer additional features that can help improve collaboration. They include the Q&A section along with document annotations and the ability assign tasks.

It is also important to find a VDR that provides robust security for your data. Some providers go the extra mile to safeguard your files by providing strict access controls, allowing you to stamp your name on collections of folders and documents for a secure file sharing. For instance DocSend VDRs create unique hyperlinks that you can copy and paste into instant messaging or email apps to allow you to share files in a single click, and they prevent users from saving documents to their hard drives or printing them for unauthorized use.