Ansarada Reviews

This is the first web-based product of this kind that I have used and I found it much easier to manage than those other products.

I think some of the security features are too stringent and there should be flexibility for companies re: what level of security they want.

Good UX, mostly clear to use and functional

Q&A - Intralinks and various other data room operators have the ability to ask questions on behalf of 3rd parties, this is seriously helpful where they need the questions processed quickly or may not yet have full access to the data room. To counter this, I've had to make a fake account on behalf of a 3rd party to process questions in the past, which is an issue. Further, the fact that you need to...

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I am very comfortable with this software since we have been using it for a while. The added security features is a nice touch that some other options dont have.

Not intuitive, expensive for what you get, many individuals have complained about not being able to see PDF's due to settings the software requires each user to make on their computers.

Hi Kris, Sorry to hear you've had an unsatisfactory experience with Ansarada's Virtual Data Room. The concern you mentioned about viewing PDFs has been updated. We've introduced a new 'Preview' function which alleviates the pain you're experiencing. You can preview PDFs straight from the Document Index, without having to download the document. Previewing PDFs does not require any programs or plugins....

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Like its user friendliness and ability to manage multiple parties easily

Q&A online functionality could be better improved

I love the ease of use and the online help pages. Really saved having to watch long YouTube clips or call up (like intralinks!)

Sometimes it was challenging and long to see what had happened to the data room. We had many buyer teams and a large internal and found the activity data difficult to use in the sense of seeing what was relevant. It would be fantastic if ansarada could develop a activity home page which shows activity of members in chronological order. (Almost like a social media feed...) I remember having a team...

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The encryption abilities of the software. The ability to monitor / restrict exactly what each individual can view and how they can view the information is most helpful.

The thing I like least about the software is the inability to change an individuals security protocols within the same group. It would be good to be able to monitor an individuals security protocols whilst keeping them within the same investment group.

-Reports -Q&A tool -Bulk upload and download -Friendly customer support -New redaction tool

Some suggestions: -Could VDR Index in Manage section (Excel) include a column with original document name when it was first uploaded to VDR -Could buy-side users bulk upload their questions from Excel to VDR -Could redaction tool include a rotate view function -Could administrators receive a notification when document's path is too long and therefore bulk download won't work in one click

Clear representation of documents present in the dataroom. Automatic numbering was useful too. I appreciated the option of making groeps of people with defined rights (read, edit, print, download, etc.). The helpdesk was always very quick to answer questions efficiently. Easy to use for the clients, none of them complained about difficulty to access the database. The possibility to generate reports showing who-accessed-what was very valuable.

There are so many security features in terms of enabling publication of documents, that it is easy to forget to open a gate and thus provide access to a financier.

Uploading information was relatively easy although I did sometimes find it difficult to save it in the desired location

I didn't find the software intuitive. I had real difficulty in navigating around and most often found myself having to return to the home screen and then scroll again through all the questions to find the one i wanted to work on. Often the questioner wanted to change the priority after posting the question & I had trouble matching these. I couldn't get my file structure to work so I always had to navigate from the home base rather than where I had just been I presume a lot of the issues emanated from me being a novice user however I did find it very easy to navigate around the seller's Datasite

User friendly, customer service, and ongoing support 24/7

lacking security options, would want further additions to water marks and security

Extremely intuitive to use. The email response for Q&A is fantastic!

Security settings are always a handful to get head around if havent used the updated platform.

The user interface and customer support is incredible. Setting up, administering and using an Ansarada VDR is painless and if you do get stuck, amazing customer support is just a click away.

The VDR sometimes works better with certain web browsers, so users on different browsers with different company IT policies struggle with some of the VDR capabilities, for example downloading files, access rights to files etc.

It is extremely user friendly and the interface is clean.

I think applying the security settings to different user groups could possible be improved.

Ease of use and straight forward functionality. Great support from web chat.

Reporting system could be improved and be able to customise

Ease of use and access 24/7 knowledgeable support

We signed up for the readiness platform and trialed it internally. It was rejected by the user base and client. We asked for removal of the service, Ansarada refused and contuined to charge for it.

The Ansarada team has always been very helpful in the unlikely event(s) of encountering slight glitches. The novel redaction tool is really simple to use and extremely helpful for due diligence purposes.

Personally, I would like to see that the whole data room could be easily copied into a cloud for future reference.

- easy to use, - exactly what we need helpful chat with service

- easy upload, - Q&A-tool -web-based tool

Security, ease of use, responsive support, good close out functions

Good user protocols are essential - inflexibility (which is a plus) around the hierarchy of admin controls.

We used the procurement capabilities for a large scale complex RFP. Very strong audit capabilities, ability to see level of engagement from the market extremely helpful.

Some less than intuitive functions :-). Once the RFP closed some difficulties managing the run on Best and Final Offer processes for example.

Ease of use; Various functionality to ensure confidentiality; Ability to set up different groups and subgroups.

Drawbacks of enabling certain functionality not clearly explained e.g. 1. enabling security setting for word doc will require dataroom users to download additional microsoft software to be able to view the documents. 2. enabling certain pdf security setting will require viewers have internet access when viewing the document even after the docs have been downloaded and saved down.

It is easy to use and is able to be used across a number of applications. It provides good tracking of users and helps keep track of authorities between people also.

Headings and some user interface is US centric.

Easy to use and full traceability of access

more features could be added for transactions

Set up in just a few hours, easy to use platform and some ability to track activity

Ability to track activity of investors is limited

Ease of loading, moving and removing documents Ease of controlling multiple party access levels Easily accessed reporting functions

Can be a bit difficult to handle very large files

Software is easy to use, and makes customising multiple 'data rooms' for different potential investors easy.

The pricing model has changed recently which took some explaining to our clients when the price went up.