ansarada data room review

Ansarada Data Room

4.0/5.0
ansarada data room review
Ansarada Data Room
4.0/5.0

Ansarada Virtual Data Room Overview

 

Introduction to the Ansarada data room

Ansarada is a virtual data room provider based in Australia. Since 2005, the firm has provided support for IPOs, mergers and acquisitions, capital raising, and tenders. 

 

An artificial intelligence engine is included in a virtual data room Ansarada, which is in high demand in the market. Smart Upload, which speeds up deal preparation, and Bidder Engagement Score, which forecasts transaction outcome, are two of Ansarada’s top-rated AI-powered technologies.

Ansarada overview

Ansarada is a SaaS platform that offers products used by the world’s top companies, working in investment banking, private equity, etc to manage their confidential corporate data and processes in important deals. 

 

The company has accumulated over fifteen years of experience with over 24,000 critical deals. More than $1 trillion in deal value went through the Ansarada platform.

Ansarada features

Here are the main features you’ll get as you sign up for the Ansarada data room:

 

  • Deal Workflow™. It’s a powerful tool to help users digitize their workflow, rendering processes faster and more effective.

  • Full control over files. Files can have access to them redetermined — even if they’ve already been downloaded by Ansarada users. There are also other features like dynamic watermarks, access level controls, a custom timeout, a two-factor authentication, and more to ensure the highest level of security for sensitive information.

 

  • Redaction. Pattern recognition and mass redaction speed up the detection and removal of pattern data. Ansarada VDR software eliminates the requirement for systematic version control in this way. This market-leading functionality is included at no additional cost by the provider.

  • AI reporting. Ansarada offers AI-generated insights, which use machine learning to calculate the chances of success for a prospective deal. 

 

  • Document management features. Among these convenient features, you can find electronic signatures, calendar/agenda management, bulk upload, document classification, and more.

Integration opportunities

Ansarada offers full support during your M&A deal lifecycle. The provider also has a Post-Merger Integration Pathway, which allows you to successfully complete the transaction.

 

In Ansarada you can seamlessly integrate systems, so your teams can work with the tools and software they already know like Google Drive. The Post-Merger Integration Pathway is a roadmap for a new team and helps to thrive and prepare for the next opportunities. 

Getting started with Ansarada

Here are the quick 4 steps to set up your VDR platform: 

Step 1: Sign up for the data room

Just go over to the Ansarada website, sign up for the 14-day free trial, and then you can start organizing everything in your data room.

Step 2: Invite the users involved in your project

Invite your team to your VDR and then assign their roles and user permissions based on their responsibilities within the project.

Step 3: Create structure and upload files

This is simple and quick with Ansarada’s bulk operations and AI-powered document sorting tools.

Step 4: Set security settings

When your documents are ready to distribute, utilize document security settings to limit who has access to what and when. 

 

If you need assistance with your VDR, you can talk to a live rep or reach out to Ansarada support 24/7.

Ansarada virtual data room pricing

Ansarada’s pricing information is not provided on their website, however, a potential customer can use their pricing calculator to receive an estimate of the costs of the flexible plans. The cost is also determined by the project duration and the total data usage. There are no limits to the number of virtual workspaces or how many users are in the virtual data room. 

Main reasons to choose Ansarada data room

Ansarada is powered by artificial intelligence and is a good simplifier for daily operations and complex transactions. However, there are a few reasons why you might wish to use it.

Data governance best practices

Virtual data rooms are different from standard file hosting services. Ansarada, on the other hand, is a powerful AI-based solution that allows users to manage their information in a variety of ways, including bi-directional sync, extended activity tracking, print and save controls, and granular access privileges. 

Work without the guesswork 

Most other tools cannot forecast outcomes as accurately as an automated scorecard and an artificial intelligence engine can. You’ll gain useful insights into how to succeed based on hundreds of transactions.

Deal lifecycle monitoring

Ansarada’s dashboard is a comprehensive tool for tracking deals. Advisors can use Ansarada as a feature-rich way to handle deals at any stage of the life cycle. 

Advanced tools and integrations

If we compare Ansarada to other VDR providers, we can see that the main focus of Ansarada is on clients and providing top functionality for complex transactions. In this platform, you have everything needed, including advanced integrations and tools to successfully manage a transaction during its main stages as well as after the completion of the deal.

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Users’ Reviews

We care about the usefulness and the relevance of information about datarooms. Each comment is moderated, and only after a thorough review by our administrators, it appears on the site. We hope that we can help you to find the information you need and choose the right data room for your business. If you have experience using a data room, please share it in our comment form.

Good

4.0

Based on 10 reviews

Last reviewed on
May 12, 2022

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  1. Leijie L. Accountant
    Review date:May 12, 2022
    Industry:
    Accounting
    Market Size:
    Mid-Market
    Review Source:
    Capterra

    It’s a good and easy-to-use tool and I have a very positive experience overall. I like its user-friendliness and ability to manage multiple parties easily. This helps a lot during complex transactions, as I can use the software from different devices. However, I’d prefer an improved version of the Q&A online functionality.

  2. Anika C. Data Officer
    Review date:July 12, 2020
    Industry:
    Other
    Market Size:
    Low-Market
    Review Source:
    G2

    I’ve been using Ansarada for several months before switching to iDeals — had to find another solution that suits me better. While Ansarada offers all the basic functions, in my opinion, it lacks some advanced tools and flexibility. Also, considering that my company provides customers with cybersecurity services, I like iDeals better because of its reliability and all the safety features.

  3. Eugene C. Financial Assistant
    Review date:June 24, 2020
    Industry:
    Financial Services
    Market Size:
    Low-Market
    Review Source:
    Capterra

    There is nothing special about this data room beside the AI that I don’t find that useful anyway. And I think that the price is too high for this product. There are data rooms that offer way more helpful functions, and after I’ve been using Ansarada for several months I will switch to something else.

  4. Theodore B. Personal Financial Counselor
    Review date:April 23, 2020
    Industry:
    Financial Services
    Market Size:
    Low-Market
    Review Source:
    Capterra

    The AI feature really simplifies the document search for me, and I enjoy it greatly. It kinda knows what I need as I log into the data room and creates this personalized feed for me. Most of the time, I don’t even need to look for files as they’re right here in front of me.

  5. Ffion T. CEO
    Review date:April 12, 2020
    Industry:
    Accounting
    Market Size:
    Low-Market
    Review Source:
    G2

    The AI feature really helps me to understand what’s going on in the data room. I don’t quite understand how it works, but it always brings me exactly the documents and stats I need. Moreover, it looks like a simple data room, and I now understand how to use it right away. I need it for M&A, and I didn’t try using it for other purposes yet.

  6. Pancras E. Head of IT Audit and Advisory Services
    Review date:August 24, 2019
    Industry:
    Financial Services
    Market Size:
    Low-Market
    Review Source:
    Capterra

    To me, Ansarada data room has a way more intuitive interface than other providers. Although it is just my opinion. The price is very appealing, and the service is overall good. There are some delays when it comes to the document uploading, but that’s not a big deal.

  7. Caitlin H. Civil Engineer (MSc), Technical Manager
    Review date:July 2, 2019
    Industry:
    Financial Services
    Market Size:
    Low-Market
    Review Source:
    Capterra

    Ansarada data room is very effortless to navigate. Neither we nor our clients and partners had any issues working with it. The reports are very useful, and the support team is always ready to come to the rescue. The only thing I dislike is that you have to go one by one through documents to set permissions.

  8. Malinda J. Legal Officer
    Review date:May 13, 2019
    Industry:
    Financial Services
    Market Size:
    Low-Market
    Review Source:
    Capterra

    We are using Ansarada data room for due diligence. It’s Q&A section, and clear organization of documents speeds up deals significantly and improves the results. However, it takes a lot of time to upload large files. And sometimes you can’t understand if they got uploaded at all.

  9. Sammie L. Sammie Lovell
    Review date:April 4, 2019
    Industry:
    Financial Services
    Market Size:
    Low-Market
    Review Source:
    Capterra

    Ansarada data room serves us well when we need to share documents within and beyond the company. The interface is easy to work with, so we never had issues there. However, the download of the data is confusing. The files get divided into three ZIP files, and you can use only Internet Explorer for downloading.

  10. Larry P. Marketing and sales manager
    Review date:March 7, 2019
    Industry:
    Financial Services
    Market Size:
    Low-Market
    Review Source:
    Capterra

    It was easy to set up the Ansarada data room and get started with it. The provider offers very responsive support in case something happens. But there is an issue with reports. We simply can’t print them entirely.

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