Whether you’re searching for an online repository to keep and share sensitive data or a savvy VDR to facilitate collaboration in due diligence processes, locating the most suitable VDR service is based on your use case. The number of participants, the length of the project, and the type of data all affect the features needed. Think about whether the users are internal or external and whether they are technical or not. The ideal choice for your VDR should be scalable, and provide both general and industry-specific function.

Select the VDR that has user activity tracking and reporting capabilities to ensure security, visibility and compliance. Look for tools informative post about VDR provider that allow you to monitor and analyse file downloads, uploads, and user behavior in real time. Drill-down reports and complete audit logs transform data points into digestible information that can be used for simple and efficient due diligence processes. Also, search functionality must be robust with optical character recognition (OCR) for PDFs and images, as well as filters that allow you to narrow down files based on file type, status or viewing activity. Support for customers is available 24 hours a day to help new users navigate data structures and set access levels.