When selecting a VDR provider, make sure you choose an intuitive interface that is easy to use and easy to navigate. The more user-friendly the platform, the simpler it will be to use for clients and the less likely they are to make mistakes in due diligence, which could delay the transaction. Check if the VDR has features like drag and drop file upload with full text search, optical character recognition to accelerate searches and make files more easily searchable. Also, consider live chat to facilitate collaboration when teams aren’t in the same room.

Take a look at whether the VDR has features that keep files secure for example, the ability to restrict certain folders to ensure that only selected members of your team can access them. This is especially useful when dealing with sensitive data that should be kept within an extremely small group of individuals. Additionally, a good VDR has tracking capabilities which show how frequently team members are viewing certain documents and how much time they’re dedicating to them.

Look for reports that are at-a-glance that provides C-suite executives with an overview of important data points they can use during meetings. Certain VDR providers let you customize your reporting to match corporate branding to give it a more professional look. You’ll need to know how adaptable the VDR will be across gta 5 cheat codes various platforms and devices. A reliable VDR is required to be compatible with major operating systems, without the need for complicated setups or multiple plugins.