Are you ready for your next deal?
Here’s all you need to know about virtual data rooms and how they are the key to your business success. Ansarada are here to unveil the myths & mysteries of virtual data rooms, answer your most asked questions and take you through important checklists for companies and advisors.
Confidently get ready for and achieve critical business outcomes with the world's smartest virtual data room.
From M&A through capital raises, audits, strategic reviews and tenders, material outcomes depend on virtual data rooms. But data rooms aren’t created equal. What sets a modern data room apart from legacy rooms:
Data rooms aren’t just about collecting, collating and storing information. Modern virtual data rooms integrate with other platforms to allow two-way syncing and drag-and-drop functionality that can get a room up and running in minutes. Granular access privileges, print and save controls, tracking of all actions, reporting and sophisticated Q&A enables seamless collaboration. Artificial intelligence powers and automates smart analytics on the motives and behaviour behind people’s activity.
Artificial Intelligence and automated scorecards not only automate reporting, they predict outcomes with 97% probability within seven days when using a virtual data room for selling an asset. Workflows and processes developed by experts enable advisors and companies to prepare for deals fast and get to work immediately on driving their desired outcome. This saves significant time and money compared to generic tools and processes. Pathways that are reverse engineered from thousands of deals outline what is required - in quantity and quality - in a path to follow for proven success in critical transactions and deals. Only highly advanced data rooms remove the guesswork as to what documents and steps are needed to prepare for and complete a transaction in line with an investor’s or buyer’s requirements.
Ansarada offer dynamic, pay-as-you-go pricing with entry level plans encourages teams to start securing better outcomes earlier through readiness. Whether for a single user or a small team, pricing scales as the opportunity and requirements do, in a predictable and controllable way. Many vendors contract data rooms off a three-month proposal, leading to pricing surprises as most events run for more than nine months. Look for month-to-month pricing or a discount on an annual subscription to be safe. Customers not wishing to start with a full ‘bells-and-whistles’ virtual data room can now start earlier with a core data room offering, adding features and users they need as the opportunity progresses through convenient add-on packs.
Legacy data rooms trouble users with information limits and a price tax when they exceed that limit. Some even charge unpredictably based on how many pages you load. Modern data rooms enable you to load as much, or as little, information as you need, so you can budget costs accurately.
Modern data rooms position you to get ready, run and realize value from more than just an M&A, asset sale or capital raise. Companies lower the cost of ownership and leverage data room capabilities for instilling operational discipline, governance and risk management around material information necessary for audits, compliance, tenders, post deal integrations, readiness, investor reporting, board communication and more. Lack of functionality, no integration with cloud storage, complexity of use and pricing based on information limits imposed by legacy rooms - all combine to create roadblocks for companies to prepare for and achieve optimal outcomes.
Got a burning question about virtual data rooms? It may have been asked already before. Find all your data room questions answered right here.
A simple guide to selecting, buying and running a virtual data room.