It is important to be aware of all aspects of the deals your clients sign. This includes their data rooms. If your client needs an VDR for their M&A deal an interface that is modern, with granular permissions on documents and a solid team of support can make or break the deal process.

You can find out more about the various providers by reading their reviews on sites like Capterra or G2. Be wary of a service that has a lot of 5-star reviews but only one review from specific area or use https://www.vdrguide.com/ case.

Look for transparent pricing during your study. Check if the plans are clearly explained, and be aware of the features included and which are optional. Insufficient transparency in pricing can lead to unanticipated charges later.

Look for a flexible VDR with the option of a trial. Make sure you have the opportunity to test the VDR with your team and determine whether or not it is a fit before making an investment. Avoid a provider that doesn’t offer a trial as it can limit your ability to evaluate the product’s capabilities, usability and performance under real-world conditions without paying.

Once you’ve identified the top three providers, schedule demos with them to get a feel for their system and their customer service. Ask them about cost security, integration and security capabilities. Also, ask questions related to scalability and ease of use.