How to Evaluate a Virtual Deal Room Provider

A virtual deal room is an effective tool to share documents in a controlled manner. Its primary purpose is to replace email or other file sharing tools that could expose sensitive information to unauthorized users. It could cause legal liability. Therefore, it’s essential to carefully evaluate the security features of the VDR. Look for features like two-factor authentication and multiple permission levels. Also, you should check the VDR provider’s certifications to make sure they’re https://autodataroom.com/working-from-home-and-virtual-data-rooms/ in line with industry standards.

In the course of your evaluation when you evaluate the VDR, pay attention to the VDR provider’s implementation of the user interface. The ideal solution should be simple, easy to use, and accessible to both the accountant at entry level and the CFO. It should also offer flexible deployment options, as well as the ability to install preferred integrations. It should also work with a variety of operating systems, since some companies have established workflows which require the same functionality even when working remotely.

Customer support is another aspect to take into consideration. If you experience any issues or issues with the software, it’s important to reach someone via phone or live chat. You will also be able look at how other customers reviewed the support of the company on third-party review platforms, like Trustpilot or Software Advice. This can give a good idea of the quality of customer support provided by the virtual deal rooms service. In addition, it’s useful to read reviews of internal customers that have been posted on the site of the vendor.