As an M&A advisor, you know the process of due diligence can be long and laden with documents. Your clients require access information quickly and efficiently. That’s why you need to recommend a data room virtual with features such as well as user permissions that are easy-to-use and modern, user-friendly interfaces. This will help them save time and money, and also help them with the process.

Activity reports are another thing to look out for when using a VDR. They can let you know who’s been watching printing, saving, or downloading documents. This will help ensure internal control and safeguards the privacy of sensitive information. A reliable VDR can also permit you to watermark documents, or remove download and print options completely. These are important features to be considered during due diligence, and can also prevent leaks.

Also, ensure that you ensure that the VDR is compatible with your client’s preferred platforms and devices. This is particularly important if there are more than one team member working on the same deal. A quality VDR is one that works on iOS and Android, Windows, and macOS without the need to install any additional plugins.

Before you make a final decision, you should read reviews on the VDRs you’re considering. It’s important to know which reviews have been written by actual users and what their anonymous hosting review experience been and the level of satisfaction they received from the vendor. You’ll also want to know which vendors have third-party certifications like ISO 27001, SSAE 16 and ISAE 3402 and where their servers are located.