How Advisors Can Leverage VDR Software to Improve Client Outcomes

VDR software provides a safe encrypted environment for sharing sensitive documents with a variety of parties. It’s often used during M&A due diligence, but it can also be used for fundraising, bankruptcy procedures as well as other business transactions that require document sharing. It is essential that advisors know how to utilize VDR technology to enhance their client’s outcomes.

Inquiring about reliability and performance data is vital as it is with any other tech stack. It is important to look for data on the average amount of delay, interruptions, and uptime. Additionally it’s a good idea check for third-party security certifications such as SOC. These certifications are independent verification that the VDR partner has taken all necessary steps to protect the data of its customers.

A reputable VDR provider will also offer professional customer service via various channels. Find live chat on the app, as well as phone and email support that’s available in various languages, along with training videos, dedicated teams and managers. Modern providers are accessible 24 hours a day 7 days a week.

Think about how the VDR was ShareFile VDR Software developed with the needs of your client in mind. Does it have an easy-to-use, clean user interface? Does it permit bulk uploads and downloads? Does it have a feature that lets you quickly access the most popular documents and search for specific terms? These features can make your clients‘ experience much less stressful and will save them time during the deal.