When choosing the right vdr service, you should be looking Secure Data Exchange for one that comes with strong security protocols, granular control over access and two-factor authentication. Check if it has an integrated document viewer that supports different formats of files, and a search function that organizes files by metadata. A reliable provider will be able monitor user activities and track downloads, uploads, and modifications. This information is vital for M&A deals and other large-scale multi-file projects.
Startups are usually busy and have little time to learn complex platforms or use cumbersome user interfaces. This is why it’s crucial to choose a VDR provider that has a low time to adopt and 24/7 customer support. Then, you can concentrate on your business rather than worrying about technical issues.
iDeals VDR is a safe virtual data space that is widely utilized in M&A deals and due diligence. It has offices in more than 12 countries and offers speedy installation and an easy-to-use interface. It’s not quite as customizable as the other contenders.
Another alternative for M&A is Portalstack. Its premium plan comes with unlimited e-signatures and allows you to integrate Google Sheets so that you can easily share financial models and cap tables. Its Notion editor makes it simple to personalize the VDR homepage. Moreover, it can integrate with other tools to speed up the deal process. It’s available at a base price of $39 a month.