Setting Up a Virtual Data Room

When you need a virtual data room you need it fast

When you’ve got a deal to get off the ground and bidders standing by, the last thing you need is to hold everything up while you figure out how to set up your virtual data room.

Setting up your virtual data room right means getting all the right documents to the right people (and the right people only) as quickly as possible.

First impressions matter. The first experience your bidders have with your virtual data room will set the tone for the rest of the deal. A fast, seamless and on-brand setup of your virtual data room paves the way for a fast, seamless deal.

How to Set Up a Virtual Data Room

Setting up a virtual data room needs to be fast, easy and uncomplicated.

You should be able to set up any virtual data room in four simple steps.

One: choose a virtual data room

Select a virtual data room that’s the right fit for your business and your material event.

Ansarada Rooms are chosen by leaders and founders of businesses like Deloitte, Google, Bank of America Merrill Lynch, Coca Cola and their advisors for events like mergers & acquisitions, IPOs, tenders, capital raising and audits.

Two: invite users

Invite your team and your bidders to your virtual data room. Assign them roles and set user permissions.

Three: add files and folders

Virtual data rooms are for securely sharing sensitive documents, so the next step is uploading them.

With Ansarada’s bulk actions and AI-powered document sorting features, this is fast and easy. Your biggest job will be making sure you have all the documents to add.

Four: set security

When your documents are ready to share, add document security settings to control which users can access what - and when. Setting permissions at file, folder and role levels means that only the people who need to see a document can see it.

Expert support on tap during your data room set up

Speak to a team member 24/7 for help setting up your data room fast.

Ansarada Rooms admins benefit from instant access to an expert support team who have helped set up data rooms for more than 20,000 deals.

Download our complete guide to Rooms

Ansarada takes the virtual data room much further with Rooms, streamlining the due diligence process with AI-powered insights. Ansarada takes the virtual data room much further with Rooms, streamlining the due diligence process with AI-powered insights.

The Data Room Hub

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