A virtual dataroom software for workflow allows companies to control the flow and security of documents in a manner that ensures that business transactions are completed quickly, without compromising critical information. When choosing a VDR solution service provider, there are several important factors to take into consideration. This includes the number of tools offered by the vendor to simplify processes like document revision and Q&A.

iDeals, for example, allows users to upload files in 25+ formats. This helps speed up due diligence, and ensures the correct files are shared with right people. Users can also organize and share files according to role and access rights making use of customizable folder structures including live versions of documents and collaborative editing tools. The platform also supports multiple file management programs and has advanced security features such as 256-bit AES encrypted files, automatic backups, and document watermarking.

Another i loved this thing to look for in the virtual data room provider is the possibility to customize and integrate the application with other software. This is especially important for companies who already have their own preferred processes and tools and would like to integrate them with the VDR. iDeals, for example provides 30+ integrations with business applications, and allows users to create custom document templates.

When choosing the best VDR solution, it’s also worth checking out what other customers say about the product. You can check out VDR reviews on reviewer websites such as Capterra or G2. In addition to the overall rating, check out the number of positive and negative reviews for each product. Good vendors will have a good customer satisfaction rate and typically display this on their website.