RR Donnelley Venue Virtual Data Room

Pros:
  • user-friendly
  • good for M&A deals
Cons:
  • poor management

The best tracking features

The story of Venue data room is quite impressive. It was created by the corporation called Donnelley Financial Solutions that operates for 150 years now offering businesses various financial services. Such an impressive experience results in a lot of knowledge the company can use to create a genuinely high-quality virtual data room that will fulfill any needs modern businesses have.

Venue Info Overview

Devices:

Cloud, Web

Support:

24/7, Online

Pricing Plan:

Not Provided

Features:

Secure File Viewer, Permissions, Data Storage Management

Markets:

United States

Therefore, now we have a robust software that offers high-speed file upload and highly secure storage that will protect all the sensitive data. Venue is agile and is based on advanced technologies like artificial intelligence that helps to automate contract reviews. It is a perfect example of why the provider has to know the needs of businesses – implementing technologies like this the vendor will speed up deals significantly and give customers many more advantages.

venue data room

Unfortunately, there is no free trial, but you can get a free demo to test the software. Venue VDR can be deployed on the cloud and multiple datacenter locations. The support center is available round-the-clock. However, there is no online chat. You can contact the specialists via email or phone. Unfortunately, Venue doesn’t offer live training, but you will get a dedicated project manager.

The customization opportunities are somewhat limited – you can only customize the user interface with the corporate branding and perform integrations through APIs. On the bright side, Venue offers all the tracking features you can imagine: real-time audit, tracking of the time users spend with files and their actions. Reports can be viewed as graphs or spreadsheets.

There are not many collaboration tools – users can create a Question and Answers module and send each other messages within the data room. But they won’t get notified when the new document is uploaded. Also, there are no folders and files notes. Although, the search is rather advanced: you can search by name, content, and there is optical character recognition.

Looking for better solutions?

Click here