Ansarada Data Room

4
4.3/5
4.6/5
4.5/5

About Ansarada Data Room

Ansarada Data Room user rating

Ease of use 4.5
Quality of support 4.7
Value for money 4.2
Would buy again 3.2

Ansarada’s virtual data room offers a comprehensive solution designed to streamline secure file storage and sharing, enhance portfolio and asset management, and support various phases of deal-making, including infrastructure procurement, governance risk compliance, and post-merger integration. Leveraging advanced features like six levels of detailed access control, document redaction, structured Q&A workflows, insightful dashboards, and AI-powered analytics, Ansarada aims to simplify these critical business processes.

User reviews highlight Ansarada’s platform as intuitive, equipped with robust audit trails, and exceptionally functional for managing requests for proposals (RFPs), showcasing its strength in facilitating procurement processes. Its emphasis on user experience and operational efficiency positions Ansarada as a key player in virtual data room services, catering to businesses looking for reliable and secure transaction management tools.

Document security features

Ansarada is keen on helping clients operate and engage with one another in an environment of complete and unbreached security. Some of the main security-oriented factors on the platform are:

  • Determine access controls. Who in a room can view, edit, or download files? As the administrator, you decide and set restrictions as needed.
  • Protect sensitive information with watermarks. Even with the download option blocked for a particular document, users would still be able to take and share screenshots of it. The custom watermark feature works to prevent that by displaying to each user their own name, login time, and IP address. 
  • Enjoy full remote control. Files can be shredded or have access to them redetermined — even after being downloaded by individual users.
  • Set a custom timeout. Some people leave the desk with an important document open on the platform. With a custom timeout, you decide how much time of inactivity passes before a user gets disconnected, helping maintain data confidentiality.
  • Track user actions with the audit trail. The Ansarada data room is a controlled environment where you get access to the actions of everyone on the platform getting Ansarada-generated reports. Besides, users enjoy exporting trails to Excel, tracking of file viewing time, and graphic reports.
  • Enable multi-step verification. When connecting from a new device or location, users are required to enter a code sent to their phone number to prove it’s really they who are accessing the platform.

Ansarada VDR features several bank-grade security certificates and compliances that reflect these and other security features. These include: 

  • ISO 27001 
  • SOC 1, 2, and 3 
  • European Union’s General Data Protection Regulation (GDPR)

Collaboration and document management features

There’s a wealth of collaboration and transaction management resources available on the Ansarada platform. Some of the most used features include:

  • Meeting minutes. Making your board secretary’s task easier, the minute management tool will provide ready templates to speed up the task of recording minutes during and after meetings.
  • Notifications and confirmation requests. Share key meeting materials and minutes with the relevant board members. All in just a few clicks and within the platform, so that data privacy isn’t compromised.
  • Electronic signatures. The e-signature feature allows users to sign important digitized documents without having to either print out and physically sign a copy or employ a less secure 3rd-party solution.
  • Calendar/agenda management. Organize and centralize tasks. Create events and projects, add the relevant files to them, and assign tasks to specific members — they’ll be notified and have access to the material directly on the platform.
  • Automatic numerical indexing. Drag and drop any number of files or folders directly into your data room, and the software automatically organizes them to keep the data in order.
  • Document classification. Besides indexing your files, you can also assign them different sensitivity levels. A useful feature to restrict the types of users with access to confidential info.
  • Fast, bulk upload of files. Drag and drop any number of files or folders directly into your data room. 
  • Keyword search. Even with the best indexing, finding a file fast is not always an easy task. That’s where the keyword search comes in handy, allowing you to retrieve any document within seconds.

Customer support 

Ansarada offers support 24/7. You can get in touch by calling their support (available for the Asia Pacific, Europe, Africa and the Middle East, and the Americas), writing them via email, or through the chat function on the Ansarada website.

Other help features include documentation, blog posts, guides, videos, and FAQs.

Free Trial
14 days
Support
Email/Help Desk
Knowledge Base
FAQ
Phone Support
24/7 (Live Rep)
Deployment
Cloud, SaaS, Web-Based
Desktop – Mac, Windows
On-Premise – Windows
Training
In Person
Webinars
Documentation
Videos
Live Online

Additional features

Ansarada virtual data room is well known for its AI-generated insights, which deploy machine learning to calculate the probability of success for a prospective deal based on data patterns and interaction.

Deal Workflow™ is another powerful tool deployed by Ansarada to help users digitize their workflow, rendering processes faster and more effectively.

Also worth mentioning is the Ansarada API. This allows companies to integrate data room workflows with other items of their technology stack, protecting and speeding up data-intensive projects.

Pricing plans

Ansarada data room has flexible plans, as it follows a usage pricing model. You can choose from five different data usage tiers (with limits of 250 MB, 1 GB, 2 GB, 4 GB, or more than 4). It’s important to note that in some Ansarada reviews, users say they need help finding their total data usage. Consequently, customers never know when to expect a fee for additional data. 

There are also four different payment periods (monthly, quarterly, biannually, and yearly) to choose from.To find out more information about Ansarada pricing, you may take a look at their pricing calculator which estimates the cost of services based on your particular needs in data storage and project duration.

Compare TOP-3 VDR leaders

Features
intralinks
logo smartroom
User feedback
4.7
3.8
3,5
Ease of use
4.7
3.6
3.0
Ease of setup
4.7
3.6
3.0
Value for money
4.6
3.6
1.0
Customer care
4.8
4.3
4.0
Pros/cons
  • 24/7 chat support
  • 30-second response time
  • 8 levels of access
  • 25+ file formats
  • 15 languages support
  • Search with OCR
  • Advanced Q&A module
  • No
  • 24/7 live support
  • 4 levels of access
  • AI-redaction tool
  • Multi-format support
  • 8 languages support
  • Advanced Q&A
  • No bulk user invitation
  • 24/7 live support
  • Different levels of access
  • Multi-format support
  • Advanced Q&A
  • No project managers
  • No multilingual interface
  • No auto-indexing
Pricing range
Drag & drop upload
Personal manager
Bulk user invitation
Search with OCR
Auto-indexing
Multilingual access
Activity reports
Detailed audit trail
Activity notifications

Features Checklist

HIPAA Compliant 99.9% Uptime Data Backup Access Expiration 256-Bit SSL/TLS Encryption
View-Only Access Document Access Expiry Granular User Permissions Permission Groups
No Plugins Search Filter by Name Optical Character Recognition Filtering by Parameters Automatic Numerical Indexing Drag & Drop Upload
Web-Based Spreadsheets Viewer Mobile Device Interface No Plugins
User Activity Tracking Real-Time Audit Trail Exporting Reports to Excel Tracking of Document Viewing Time Scheduled Reports

Product Reviews

3.0
Jan 12, 2021
Ansarada is ok — and there is not much more I could say about it. The interface could be easier to use cause some of my employees experienced issues with it. The set of features is rather standard, and you will find all these functions in most data rooms. Also, the price is quite high in my opinion.
Leo
View more reviews

FAQ

Ansarada is a technology company developing data rooms and virtual deal management solutions for financial, legal, real estate, and professional services industries. They provide tools to securely share, control, manage and monitor sensitive documents related to corporate transactions of any type and size.
No, Ansarada does not have an app. But they do offer a powerful suite of cloud-based software tools to help you with your due diligence and virtual data room needs.
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