Ansarada

Vorteile

Ansarada is an extremely easy product to use not only to manage but for lenders to understand.

Nachteile

Whilst useful at times, I feel the analytics features could be developed further.

Vorteile

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

Nachteile

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

Vorteile

Options to limit the print, save, watermark and put an expiry date to the document is helpful as we like to segregate our investors into different categories.

Nachteile

There is no search function to find if a particular email has been invited or logged on as guests till we try to the invitation.

When loading files, a few steps needed before we can load into the selected folder. Not straight forward.

Unable to see what is the total data usage so we are not sure when we are charged for the extra data used previously.

Vorteile

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

Nachteile

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

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Vorteile

Good UX, mostly clear to use and functional

Nachteile

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.

Vorteile

Intuitive design, easy to use and Q&A function is great

Nachteile

There is nothing of note that I like least

Vorteile

Functionality and ease of use are what I like most.

Nachteile

Bulk download and bulk upload is clunky.

Vorteile

Bulk uploading - easy to identify and share.

Nachteile

Batch download can be confusing at times.

Vorteile

Ansarada is an easy to use, efficient platform that meets my needs for M&A and capital raising activities

Nachteile

Folder and file numbering can sometimes be a little clunky

Vorteile

Ease of use. Nice design. Good customer support.

Nachteile

Audit trials do not work properly. When deleting users or documents, the corresponding audit trails get lost. This is a major flaw for a core function of a data room.

Vorteile

Ansarada provides a lower cost option with much of the functionality necessary for M&A processes.

Nachteile

Some limited functionality, but overall, still a good product.

Vorteile

Files are able to be uploaded and organised in ways that make sense, so accessing the documents is easy. The download function works and Index function is great.

Nachteile

Cannot think of any off the top of my head.

Vorteile

Ansarada is user-friendly and easy to use! Anyone can learn it in short period of time.The security features protect the confidentiality of documents by not allowing other party to edit, snip and even copy it!

Nachteile

For the Q&A, the sequence of questions could be confusing if the other party does bulk uploading of questions as the question IDs are on random basis instead of numerical order.

Vorteile

The ease of managing a data room and the ability to track bidder participation.

Nachteile

Encrypted data can be cumbersome to access (this is a pro and con). Potential for accidental disclosure of information, including sensitive intellectual property information, to wrong parties.

Vorteile

Ease of use and layout. Also their customer support is very quick to respond and helpful everytime.

Nachteile

The cost compared to other providers is much higher.

Vorteile

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

Nachteile

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

Vorteile

It is very user friendly and easy to use.

Nachteile

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

Vorteile

Easy to use and intuitive. I like that our team can mange documents easily.

Nachteile

Lacking AI functions. Some smart features like document analysis (finding similar clauses etc) would be great.

Vorteile

Very easy to use. Great customer support. Much more responsive than competitor products.

Nachteile

Only issue when compared to competitor products is its relative expense.

Vorteile

Most impactful feature is the user interface - easy to read and navigate

Nachteile

Did not know there was a mobile app for Ansarada - would like more information on this, perhaps a guide on how to set up and navigate Ansarada's mobile feature

Vorteile

The support received from Ansarada made the experience smoother as a first time user. It also helped in solving many misc. issues along the way.

Nachteile

The system can be a bit tough to understand as a first time user, and links directly to assistance would be great rather than having to search the databases of FAQ myself.

Vorteile

Ability to securely share and control data.

Nachteile

Administrative time. A generic security profile and email add in would be useful.

Vorteile

Easy to useHighly responsive and efficient customer support

Nachteile

Lacks keyboard shortcuts Some intuitive tools / features are missing (e.g. subteam view when allocating Q&A question, AI redaction, translation, etc.) Can be slow when refreshing pages

Vorteile

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

Nachteile

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

Vorteile

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.

Nachteile

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.

Vorteile

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

Nachteile

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

Vorteile

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.

Nachteile

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.

Vorteile

good platform, user friendly, great customer service.

Nachteile

sometimes laggy, can be down for a long period of time.

Vorteile

The team set up a golf networking event for several of their customers. It was a great day and it was obvious the team put a lot of work into it to ensure everyone had a fun time. They went the extra mile to show that they care about their customer.

Nachteile

Nothing, the team was great. I'll be at their next event.

Vorteile

Easy to manage investor questions and allow to upload documents related to the question.It also allows us to allocate specific documents and store them to the related questions

Nachteile

I think as a first time user, it can be quite hard to grasp everything especially all the high level technical controls.

Vorteile

Ease of use, of the shelf and simplicity.

Nachteile

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

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Vorteile

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

Nachteile

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

Vorteile

It is extremely intuitive and is able to do everything I want to do simply. That is surprisingly extremely rare and a real joy to use.

Nachteile

Some of the Q&A functionality could be explained a bit clearer on the website.

Vorteile

I like the ease of use of the platform. Compared with other VDR's I've used, Ansarada provides the best interface and functionality and is clearly developed with the end-users in mind.

Nachteile

I think it would be helpful to be able to group Q&A viewers into different teams e.g. FDD, Tax etc. by company) to facilitate sending Q&A responses to only the appropriate team members.

Vorteile

file index exports, doc ID references are all great

Nachteile

DOc viewing, unable to copy text in Ansarada viewer

Vorteile

The Q&A functionality is very impressive and helps us with the live deal

Nachteile

It is quite costly, but value for money is up there

Vorteile

It's well organised and easy to access a lot of data quickly

Nachteile

It can be difficult to login / verify my account sometimes which can be time consuming

Vorteile

The ease of use, it is very intuitive. Most of VDR users in Australia have used Ansarada, and hence it is easy to deal with counterparties due to the familiarity

Nachteile

I think redacting function could be more user friendly. A user can still access and keep the files downloaded although they are no longer in the data room. There should be a security function that controls this

Vorteile

Ansarada allows for the easy creation of virtual data rooms, featuring a user-friendly interface and great customer support.

Nachteile

Functionality when accessing documents which have been uploaded to a virtual data room. It would be helpful to have an easy click through feature for documents instead of having to launch them in a new tab on your browser or downloading them.

Vorteile

Ansarada is very easy to use and intuitive. The features I love the most are bulk upload and import folder structure, which saves so much time. I also really appreciate their support whenever you have questions and the security settings, which are very self explanatory.

Nachteile

The naming of documents could be done better. I personally do not like when I download the document and it comes with the number of the folder/subfolder.Also, everytime I ask clients to upload documents, they do not know how to add it to a folder that is already there and I always need to reclass them. This is something that I have experienced as well, since I don't think it is straightforward.

Vorteile

Ease of use, flexibility of functionalities, active customer support, competitive pricing

Nachteile

When you enter a data room, it always defaults to the workflow function instead of document index

Vorteile

Very easy to use, customer support is great.

Nachteile

Not too many flaws at all! Have been using this platform for three years.

Vorteile

Easy to use and great customer service.

Nachteile

Question and Answer process could be more streamlined.

Vorteile

My experience with Ansarada has been awesome, I started with them when I first came into the M&A world and during that time, I have tried a couple of others (to test the market / BCP etc) but I keep coming back to Ansarada. Great pricing structure, service and support coupled with a product that is simply to use yet complex enough to handle all transaction sizes and requirements. Also, they don’t sit still, even with the best product on the market they still strive to do more, improve features, expand use …. When a company operates like that its hard to trust anyone else.

Nachteile

Nothing I could think of. Ansarada always hits the mark

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Vorteile

The general ease of use of the platform, supportive and responsive support team from the live chat support team to the sales team and back office support team, everyone is always happy to assist with any questions we may have.The ease of uploading/deleting documents, and the assurance that you won't release the wrong document to the wrong person.

Nachteile

would be helpful if i could view as the specific person - i believe this will reduce the level of reliance on the support team on basic/setting up questions

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Vorteile

Ansarada provides a VDR experience that is intuitive, responsive and aesthetically pleasing when compared to competitors. Documents load quickly and VDR navigation is seamless. The bulk export functionality works effectively and the Q&A download process and customisation is extremely useful and user-friendly.

Nachteile

While not a dealbreaker, it would be helpful to have a setting that allows PDFs downloaded from the VDR to be able to be used in non-Adobe viewers.

Vorteile

I like the watermarking feature and the level of depth you can go into security settings for individuals users and teams.

Nachteile

As a smaller M&A advisor, we pretty much exclusively use Ansarda as a VDR for our sell-side clients. The process begins with the buyer (& their DD providers) sending us info request lists. We then upload documents to ansarada and index them according to the IRL. Today, we don't use the workflow function as it seems like an unnecessary step of adding and updating if the buyer can't see it. However, I think we would use it more if it was a buy-side facing function whereby we or the buyer could add their IRL to the workflow. We, as the sell-side, could then populate this with the requested documents - i.e the workflow being the document index.

Vorteile

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.

Nachteile

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.

Vorteile

Ansarada gets all of the basics one needs in a dataroom, and then goes one up on the following:1. The ease of numbering and arranging large amounts files and folders imported into the dataroom (the numbering function is very impressive and saves a lot of time)2. The different stakeholder management features as an administrator - the ease of allocating different levels of access and communicating with different stakeholders (client, buyside and sell side) is second to non

Nachteile

1. The moving of large amounts of files from the IRL to the actual- and the difficulty in moving folders (as one has to select the individual files without knowing which folder they are in)2. The counter-intuitiveness of the Q&A function and various levels of uploads and approvals. I understand why its there (very critical) but would have appreciated it to have been more user friendly

Vorteile

I recently signed up for one more account's storage service offered by Ansarada and I am extremely satisfied with my experience so far. The signup process was quick and easy, and I was able to start uploading my files right away.The user interface is intuitive and easy to navigate, making it simple to upload, organize, and access my files from any device with an internet connection. I appreciate the flexibility of being able to access my files from my desktop, laptop, or mobile device, and the automatic syncing ensures that my files are always up to date.Another feature that I appreciate is the security measures that the company has in place to protect my data. With end-to-end encryption, I feel confident that my files are safe and secure, even when stored in the cloud.The pricing plans are reasonable and offer a good amount of storage space for the cost. Overall, I highly recommend Ansarada for anyone in need of reliable and secure cloud storage. Their user-friendly interface, flexible accessibility, and robust security measures make it an excellent choice for professional use.

Nachteile

No cons for me. I recommend Ansarada for anyone in need of reliable and secure cloud storage. Their user-friendly interface, flexible accessibility, and robust security measures make it an excellent choice for professional use.