Step 1: Create an outline of the criteria you would like to fulfill for your ideal vdr.

Consider your main goals and requirements when working with data, and then choose a virtual data room software that will intralinks meet these requirements. For instance, if you’re looking for a VDR for an M&A due diligence process, look for one that has extensive features for document management, collaboration, security and tracking.

Find out about different platforms by using review sites such as Capterra or G2. Read reviews from users in industries and use cases similar to yours. Also consider the ways in which a platform’s integration capabilities could make your workflows more efficient.

Then, look at the cost structures of different providers. You can avoid surprises by selecting providers with a fixed monthly rate. Verify if the provider has a support team that is readily available. This includes their response time and whether they provide live chat, phone, or email support.

Once you’ve narrowed down your choices of candidates, try them out via a free trial. Pay attention to the user-friendliness the software, its interface and the ease of use. Also, look for things such as redaction, e-mail uploads and tools for managing buyers. The last thing to do is ensure that the vendor is adhering to world-renowned certifications and has many security measures. This includes multi-factor authentication and secure backup and storage, and multiple data centers in various locations.