When choosing a VDR provider, you should look for an intuitive interface that is user-friendly and easy to navigate. The more accessible the platform is, the more simple it will be for clients to use it and the less likely they will be to make mistakes with due diligence that could cause delays in the transaction. If you want to improve the speed of search and locate files faster, check if the VDR offers features such as drag-and-drop file uploads, full text searches, and optical character recognition. Look for live chat to make collaboration easier even when teams are not located in the same location.

Think about whether the VDR offers features that will protect your files like the option to lock down certain folders to ensure only the team members you choose to have access. This is particularly helpful when you’re dealing with sensitive information that is best shared with a small group of individuals. A reliable VDR also has tracking features to show how many times individuals in the team have access to certain documents, and the amount of time they spend looking at them.

Find reports that are easy to read and gives a comprehensive overview of important information points for executives in the C-suite to use during meetings. Some VDR providers allow you to modify the reports to reflect the corporate branding for an elegant appearance. It is important to determine the adaptability of the VDR is across different platforms and devices. A good VDR will work with all major operating systems, without the requirement to install multiple plugins or complex configurations.

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