Datarooms have become an important tool for M&A due diligence and other transaction projects. The variety of options is a huge number. Businesses must anticipate the functions they’ll require and then select a provider who offers these features. Some providers charge extra fees for specific or complicated functions, whereas others include them within the base package.
When selecting the top virtual data rooms, look for features to support specific project requirements like security controls and the ability to sync files. You can also customize the interface templates. Also, make sure that the VDR offers advanced search features including optical character recognition, indexed files and filters. Some offer mobile applications with an interface for multilingual users and document-management tools.
The top-rated VDR software provides many benefits such as the ability to integrate with other applications such as Salesforce and Google Drive. It also works with a variety of devices that make it easier for teams to access their documents from multiple locations and devices. Other features worth considering include visual analytics and task reminders, eSignature support and integration with DocuSign.
OneHub boasts a 4.6-star rating on Capterra and is often lauded for its competitive pricing and user-friendly collaboration tools. Some users have complained that it’s hard to find the ideal settings to maximize the use of its capabilities. Compare its prices to other VDRs such as SecureDocs or Content Snare which cost $250 USD/month when you pay annually, or $400 USD/month if billed every three months.