https://moololly.com/how-to-perform-an-effective-virtual-data-room-review/
Whether you’re searching for an online repository to keep and share sensitive data or a smart VDR to enhance collaboration in due diligence processes, choosing the best VDR provider depends on your specific needs. The number of participants, the length of the project and type of information will influence what features are required. It is also important to consider whether users will be external or internal and whether they are technical or not. Idealy, the VDR you choose should be scalable and include both general-purpose and industry-specific functions.
Select pick a VDR with tracking of user activity and reporting capabilities to ensure security, visibility and compliance. It is recommended to look for software that allow you to track and analyze in real time the downloads, uploads and users behavior. Drill-down and audit logs turn information into digestible and useful insights that help simplify and improve due diligence processes. Additionally, search capabilities should be able to handle optical character recognition (OCR) for images and PDFs and filters to narrow down files by type and status or viewing activity. In addition, customer support should be available around the clock to assist new users in setting access levels and navigate data structures.
