https://virtual-datarooms.org/intralinks-dealspace-detailed-review/
Step 1 – Create an outline of the criteria you want to meet for your ideal vdr.
Determine the most important tasks and needs when working with data and then select a data room software that will meet those needs. If you’re looking for an online data room to support due diligence processes in M&A, for example you should choose a program that has extensive options like document management, collaboration, and security.
Investigate different platforms with review websites like Capterra or G2. Read user reviews from industries and with use cases similar to yours. Think about how the platform’s integration options could enhance your workflow.
Then, you can compare the cost structures of different providers. You should look for the option of a monthly flat rate which can aid in financial planning and help avoid unexpected and overage costs. Check to see if the support team of the vendor is available when you need them and their response time and whether or not they provide email, phone, and live chat support.
After narrowing your choices down, try them with a no-cost trial. Pay attention to the interface and ease of use, as well as how user-friendly it is for everyone on your team. Also test for things like redaction, e-mail uploads, and tools for managing customers. Make sure that the vendor uses a variety of security measures and abides by world-class certifications. This includes multi-factor verification and secure storage, backup and multiple data centers with different locations.
