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The top VDRs have diverse features to accommodate different industries. Some VDR providers offer templates for M&A Due Diligence, and others offer real estate-specific features. Certain VDR providers also provide multi-platform compatibility. This allows users to connect from a variety devices and operating systems. They also provide 24/7 customer service to assist customers resolve issues.
Certain vendors offer bundle services that help customers save money and increase efficiency of their transaction processes. They may, for example provide artificial intelligence- and machine-learning-based review software to automate contracts and eliminate mistakes. Furthermore, they may reduce the overall time to complete transactions by as much as three months through process efficiencies and collaborative solutions that are not in the box. This helps them remain in the game and maximize their return on investment over the long term.
