Top 5 VDR Features

A good VDR provider offers a wide selection of features, but there are some essential ones that should be at the top of your list. Security features like virus and malware scanning and multifactor authentication are essential to ensure that your uploaded data is secure and safe. Third-party certificates like ISO 27001, SSAE 16 or ISAE 3402 are independent proof that the VDR partner you choose meets high standards. They offer valuable security and peace of mind.

Find a user-friendly interface designed to allow efficient due diligence and collaboration on deals across tablets, desktops and smartphones. A well-designed user experience can accelerate the process of negotiating and save time and resources by removing the need for paper processing, and allowing for quick review on all devices.

To limit the possibility that sensitive data is dataroomservice.blog/virtual-data-room-or-dropbox-choosing-the-best-storage viewed by unauthorised people advanced vdr options such as fence view and redaction ought to be made available. Redaction blacks out parts of a document to prevent personally-identifiable information from being seen and fence view digitally masks the rest of a file to prevent screenshotting. Look for a VDR that is certified with these and other advanced certifications like FedRAMP and FINRA.

A reputable VDR provider offers solid security of data and extensive audit trails. This will give you an overview of the activity of your users on the platform. This helps you meet compliance requirements and provides insight into the progress of your team while working on an agreement. The most effective VDRs include a Q&A section and document annotation, as well as the ability to assign tasks, and the ability to provide support in-app all the time.