Whether you’re looking for an online repository to store and share sensitive data or a savvy VDR to facilitate collaboration in due diligence processes, finding the most appropriate VDR provider will depend on your use case. The quantity of participants, the duration of the project, and the type of information will determine which features are required. It is also important to consider whether users are external or internal and whether they are technical or not. Ideally, your chosen VDR should be scalable and offer both general functionality for all purposes.

Choose choose a VDR with users activity tracking and reports to ensure compliance, security and visibility. Look for tools that allow you to track and analyze file downloads, uploads and user activity in real-time. Audit logs and drill-downs transform information into digestible insights that simplify and improve due diligence processes. Also, search functionality should be reliable with optical character recognition (OCR) for PDFs and images moololly.com and filters to narrow down files by type and status or viewing activity. Customer support should be available 24/7 to help new users navigate data structures and establish access levels.