By utilizing a virtual dataroom businesses can save money on printing, office space couriers, as well as other services. Additionally, data rooms facilitate faster transactions as they allow teams to access and look over documents in real-time. The best VDR providers offer a range of features that are valuable to any company. This article reviews the top ten most popular data room providers and analyzes their pricing and functionality.

When choosing principle factors of data rooms a VDR provider, you should look for a user-friendly interface that is comfortable to use by CFOs and entry-level accountants alike. Also, look for a variety of file formats as well as compatibility with mobile devices. You should also search for advanced search functions that allow accurate and partial match, optical character recognition (OCR), and filters that help narrow down the types of documents and their status. Look for vendors that allow you to customize the online deal room with your logo, terms and conditions and general design.

The most reliable providers provide 24/7 phone, email, ticket and live chat support. They should also offer documentation and training to help you set up your data room efficiently.

While price is an important aspect, it’s important to consider how much storage capacity you’ll need as well as the number of users. Some VDR providers charge a flat rate per month that covers unlimited users and a certain amount of data storage and others charge by the page or storage. Some VDR providers offer a free trial that you can use to assess whether the platform is suitable for your requirements.