The right VDR can boost due diligence and M&A successes, boost value transactions, and allow secure files sharing for any project that requires collaboration. The choice of the right vendor is contingent on how large the project is and on how long it will take as well as what level of cybersecurity is required.

The best VDR providers will offer an intuitive interface and a variety of features to safeguard sensitive data. They will let you control access by location and the role, as well as set different levels of security and keep track of the activity of documents. They will have support centers and help centers to ensure the best possible user experience. They will also be able to support various formats for documents, such as Microsoft Word and PowerPoint.

iDeals VDR features a multilingual, user-friendly interface that includes mobile applications. It comes with advanced security features like two-factor authentication and secure spreadsheet viewing as well as mobile apps. Its independent certifications for a variety of security measures in processes, applications infrastructure, people, and processes along with its rigorous certifications, guarantee the highest security level for all users. It is more expensive than other companies. Plans start at $460 per month for a basic package.

Other vendors include Donnelley VDR, which is an moololly.com online solution that is specialized in M&A transactions. The platform is easy to use and provides seamless collaboration. It also supports a variety of languages. It has advanced security and compliance features and its developer is well-respected. However, some users have reported that the program can be slow and, at times, ineffective.