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When you are choosing a virtual data review, look for providers that provide modern, user-friendly interfaces. You should look for tutorials, guides, and customer support to assist with onboarding. Ensure that the platform integrates seamlessly with your other software and tools. It is crucial to determine whether the pricing is subscription-based, pay-per use or one-time.
In addition, you should choose providers that offer a variety of support like live chat or email, as well as phone. It is also recommended to select providers that offer data backup and recovery tools in the case of unavoidable issues or disasters. If you do decide to change providers or end the service, make sure you have an organized plan for how your data will be moved out of the VDR.
For M&A professionals, Datasite offers an easy-to-use platform that is user-friendly and comes with a simple user-permission system. It can also handle large files and allows batch uploading optical character identification as well as an indexable database. It is a great choice for law firms. However, it is priced at more expensive prices than other competitors. Securedocs is another VDR provides a user-friendly interface and a short set-up time. It also has several security features such as watermarking and auditlogging.