Finding the best VDR service will depend on your specific usage case. Whether you are looking for an online repository to save and share sensitive information or a sophisticated VDR that helps collaborate in due diligence the choice is based on what you need. The number of participants, the length of the project and the type of data all affect the features https://moololly.com/ required. You should also consider whether users will be internal or external and whether they are technical or not. Ideally, your selected VDR should be scalable and have both industry specific and general purpose functionality.
Select a VDR with monitoring of user activity and reporting to ensure compliance, security and transparency. It is recommended to look for software that allow you to track and analyze in real-time the downloads, uploads and user behavior. Audit and drill-down logs convert data into digestible insights which make it easier to improve due diligence processes. Search functionality should also be robust, with optical character recognition for images and PDFs and filters to reduce the number of files to a specific the type of the file, its status or even viewing activity. Finally, customer support must be available around the clock to help new users set access levels and navigate data structures.
