Pricing structure is an important aspect to take into account when selecting the right virtual dataroom. Look for pricing models that are flat that include unlimited users and periods of time and exclude the cost of overage. This model is superior to the traditional per-page pricing options that typically result in high-priced invoices. SmartRoom’s comprehensive pricing policy will prevent any unexpected charges and ensure the platform is within budget.
In addition to an affordable service, be sure to look for features that can speed up the process of due diligence. This includes an intelligent content management system that allows users to bundle large files to achieve speedier upload speeds, and an intelligent search feature that helps users locate documents with ease. Smart data organization also lets administrators set permissions and track document access. This is a crucial feature for investors seeking to keep sensitive data secure throughout the M&A process.
Another benefit of a smart VDR is the ability to save any unneeded documentation in readiness for future opportunities. This can save time during the due diligence process since all the required documentation is uploaded and arranged ahead of time. Furthermore, it can reduce the chance of investors asking additional questions by having the answers available in a clearly structured format.
Look for a service that offers not just a dataroom virtual as well as full lifecycle management, with integrated project management. This provides a unified platform that can handle all of your private equity activities on one best-in-breed platform. This allows you to spend less time managing different processes and more time closing deals.