Ansarada Reviews

Ansarada reviw

Comments: Very usefull platform during the transaction

Pros:

Good data hierarchy making the data upload/download/finding process easy

Cons:

Nothing really to complain, as with predefined setting its very easy to manage

Q&A

Comments: Good support, only issues is as mentioned above.

Pros:

Good UX, mostly clear to use and functional

Cons:

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 be a Q&A administrator to see the name of the Question Author is quite ridiculous. For example in a sell-side process where there's more than one potential acquirer in the data room asking questions, unless the sellside client is an admin, i.e. if they are approver or author, they can't see who is asking the question which means it's very difficult to correctly direct an answer. This should be an option which you can enable. The only way around it is by adding a comment when approving and forwarding the question which is very manual and inefficient for the entire process.

Not a fan of the direction this VDR is going

Comments: Our team has seen extensive changes with our point of contact at the company. The quality of service has seemed to declined since when we first started using this software and has gotten more expensive that it should have in comparison to other products that are available.

Pros:

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.

Cons:

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.

Ansarada review

Comments: Ansarada has been solid overall and always worked as required. Support is high quality and easy to get in contact with.

Pros:

Ansarada is intuitive to use, and is robust and reliable for all the deals we have used it on.

Cons:

Some of the settings could be clearer. Often need to read articles or discuss with support to get an understanding of settings, permissions, etc.

Good and easy to use tool

Comments: Overall a very positive experience and would use again

Pros:

Like its user friendliness and ability to manage multiple parties easily

Cons:

Q&A online functionality could be better improved

Excellent product, great service from our account representative [sensitive content hidden]

Comments: Great service from [sensitive content hidden]

Pros:

Reputation as the best. ease of use. service. fixing issues. options of how you want to use it, it has the most capability.

Cons:

Pricing .. it seems that the pricing options and systems is very unclear to me.

Review - Ansarada VDR

Pros:

- Ease of use- Accessibility- Intuitiveness

Cons:

- Automatic log-out after inactiveness- Slow loading times of documents

Louis C

Pros:

Ease of use, of the shelf and simplicity.

Cons:

Functionality and customisation when initially uploading or changing locations of documents.

Ansarada review

Pros:

Ease of use. For someone who spends a lot of time in datarooms, ease of use is critical from a user perspective. Ansarada is intuitive and the customer service team is always very quick to respond.

Cons:

The challenge with datarooms is getting buy-in from management teams. I appreciate that Ansarada has decent functionality to do Q&A through email, but it is tough to pull clients away from spreadsheets and sending Q&A in the body of emails, rather than through the platform itself. Anything Ansarada could do to help with the education process would be great.

Great Data Room

Comments: Great experience, and awesome support team.Ben E

Pros:

Bulk upload & export, Q&A function & document redacting tool.

Cons:

Dual Q&A review process before posting, could be shorted to single review.

Thanks Ansarada!

Comments: Very positive with margin of improvement

Pros:

Very like how easy to use, and the always available and hands-on support

Cons:

Permission settings for different users / docs

Great Product, Service to be Improved

Comments: Great product, however service could be improved.

Pros:

It is very user friendly and easy to use.

Cons:

The customer service team make some mistakes, e.g. have had multiple instances of billing clients when a dataroom was meant to be closed.

Professional, lots of possibilities

Comments: I was very pleased with the overall experience, so were our potential investors. It takes some 'getting used to' to run the data room as an administrator but the instruction videos help. There are a lot of security features, sometimes too many: this makes it safe, but not always intuitive. I have already recommended Ansarada to another company and would be happy to do it again.

Pros:

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.

Cons:

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.

User friendly

Pros:

User friendly and straight forward platform.

Cons:

No problems have been experienced and no complains to be raised.

Review of Ansarada virtual data room

Comments: Great - would recommend to everybody

Pros:

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

Cons:

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

An all-round impressive user experience

Comments: Great platform, easy to use and to customize to your specific requirements

Pros:

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.

Cons:

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.

Ansarada VDR Review

Pros:

It is extremely user friendly and the interface is clean.

Cons:

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

VDR good. Readiness Platform very Bad

Comments: It was for a divestment process.

Pros:

Ease of use and access 24/7 knowledgeable support

Cons:

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.

Go to VDR platform

Comments: Exceptional - simplifies out job and is time efficient.

Pros:

Ease of use, accessibility and the support team assisting 24/7.

Cons:

The mobile app, however I do not use it often.

Multi-party virtual data room

Pros:

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

Cons:

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

Ansarada Data Room for Procurement

Pros:

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.

Cons:

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

Great Secure File Share System

Comments: It is widely used in Australia and it is a great easy to use format to upload and download information.

Pros:

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.

Cons:

Headings and some user interface is US centric.

Ansarada has become our go-to VDR platform

Pros:

Key factors include the outstanding ease-of-use and security of the platform, as well as the flexibility and decisiveness of the people working there.

Cons:

MB-based subscription model makes it more difficult to choose a subscription package in smaller transactions

Great to have a web-based version of this product!

Comments: Excellent.

Pros:

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.

Cons:

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

Simple, effective and efficient

Comments: The ease of managing a data room and the ability to track bidder participation is essential for rapid execution of M&A transactions and Ansarada certainly delivers in this respect.

Pros:

Ease of use, and 24 hour support is incredibly beneficial.

Cons:

Not applicable - however, I found the automatic numbering challenging, however, once I was assisted by the support team, it was simple.