All Ansarada Reviews
1-25 of 112 Reviews
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Scott
Financial Services, 2-10 employees
Used weekly for more than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
3
CUSTOMER SUPPORT
5
FUNCTIONALITY
3
Reviewed June 2019
Q&A
Good support, only issues is as mentioned above.
PROSGood UX, mostly clear to use and functional
CONSQ&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.
Reason for choosing Ansarada
Because the client may have been using Intralinks or have used Intralinks in the past. However, mostly it is quite even and we are asked for quotes from a number of providers. With the issues in Q&A it is sometimes difficult to justify Ansarada over other providers.
Leijie
Financial Services, 11-50 employees
Used weekly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
4
CUSTOMER SUPPORT
4
FUNCTIONALITY
5
Reviewed June 2019
Good and easy to use tool
Overall a very positive experience and would use again
PROSLike its user friendliness and ability to manage multiple parties easily
CONSQ&A online functionality could be better improved
Reason for choosing Ansarada
Have used previously so didnt want to upskill myself on a new product
Tomas
Investment Banking, 11-50 employees
Used daily for less than 6 months
OVERALL RATING:
3
EASE OF USE
3
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed March 2023
VDR review
Good experience on Ansarada staff interaction. Platform is straightforward, but some further optionality would be appreciated on the visuals as described above. Also on the functionalities, think there is room for improvement as mentioned above.
PROSThoroughly enjoyed the communication with the help desk chat function. People were eager to help and always found a solution. Understand there were a lot of request on our end, and the Ansarada team kept good performance throughout these issues that surged during our VDR process. Also available and communicative over the phone, which is appreciated.
CONSI found the general setup structure on the index quite cumbersome. On our end we were trying to have a base unredacted VDR index and another one that was redacted and renamed. Would be helpful to have a staging folder option under the Manage > Documents options on the left hand side of the screen. On another topic, it would also be helpful to have a document counter on the top left of the screen when you select all document within a folder, for instance.
Reason for choosing Ansarada
Cost
Reasons for switching to Ansarada
Client preference
Tani
Financial Services, 201-500 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed September 2023
Ansarada Review
Ansarada has provided a great platform for our business in Investment Banking. The great functionality and accessibility makes our jobs much easier and it is definitely my preferred VDR!
PROSI 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.
CONSI 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.
Hayley
Real Estate, 10,000+ employees
Used monthly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
2
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed May 2023
Excellent product, great service from our account representative [sensitive content hidden]
Great service from [sensitive content hidden]
PROSReputation as the best. ease of use. service. fixing issues. options of how you want to use it, it has the most capability.
CONSPricing .. it seems that the pricing options and systems is very unclear to me.
Reason for choosing Ansarada
we utilise a range of different VDRs for different projects.
Daria
Renewables & Environment, 51-200 employees
Used weekly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed March 2023
Safety and client`s service above all
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.
CONSNo 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.
Anthony
Real Estate, 501-1,000 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed September 2023
Anthony review
Its been quite good. It takes a bit of time to get investors on it, but once they are all on it, makes it easier to track questions.
PROSEasy 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
CONSI think as a first time user, it can be quite hard to grasp everything especially all the high level technical controls.
Nicole
Real Estate, 201-500 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed September 2023
Amazing product
So far amazing, I have never had an issue with it. I can always find an answer to my questions
PROSThe Q&A functionality is very impressive and helps us with the live deal
CONSIt is quite costly, but value for money is up there
Ian
Financial Services, 10,000+ employees
Used monthly for less than 12 months
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
4
FUNCTIONALITY
4
Reviewed November 2023
Ian Foo review of Ansarada
Largely pretty satisfied Ansarada.
PROSThe 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
CONSI 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
Jade
Financial Services, 10,000+ employees
Used monthly for less than 2 years
OVERALL RATING:
4
EASE OF USE
4
CUSTOMER SUPPORT
4
FUNCTIONALITY
4
Reviewed November 2023
Ansarada review
Intuitive design, easy to use and Q&A function is great
CONSThere is nothing of note that I like least
Rupert
Investment Banking, 2-10 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed June 2019
Ansarada Dataroom
I predominantly use Ansarada to assist with M&A processes. Ansarada is particularly helpful during the due diligence phase as well as forming part of the transaction documents as the warranties and indemnities are tied only to what has been provided in the dataroom.
PROSThe encryption abilities of the software. The ability to monitor / restrict exactly what each individual can view and how they can view the information is most helpful.
CONSThe thing I like least about the software is the inability to change an individuals security protocols within the same group. It would be good to be able to monitor an individuals security protocols whilst keeping them within the same investment group.
William
Investment Banking, 11-50 employees
Used weekly for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed April 2023
The Workflow function could be better optimised
I like the watermarking feature and the level of depth you can go into security settings for individuals users and teams.
CONSAs 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.
SImon
Transportation/Trucking/Railroad, 10,000+ employees
Used daily for less than 12 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed April 2023
Ansarada Review
Overall, it is a well written application and is an easy to use one.
PROSEasy to us, an intuitive and friendly user interface.
CONSI used Ansarada when I worked on bids. Not sure whether this was an administrator issue or not, however, there was a question that needed to provide an answer for on two different dates. We have found that once the answer to the question was provided for the first time, the second time there was no button to submit the answer available on the page and we had to find a work around to do it.
Illa
Financial Services, 10,000+ employees
Used weekly for less than 12 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed July 2023
I would definitely recommend Ansarada! - Senior Associate, Corporate Finance
My overall experience is good. Of course there are still improvement points and some of the issues could be misuse from my side but, in general, I would recommend Ansarada to everyone.
PROSAnsarada 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.
CONSThe 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.
Valerie
Banking, 10,000+ employees
Used weekly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed April 2023
Recommended Dataroom Provider
Trustworthy brand which provides secure data storage, access control / permissions to the dataroom administrator and logical document management, storage and file sharing. Ansarada also provide very strong customer service and access to the team to troubleshoot any issues
CONSAn app to access the dataroom / settings on the go is something we are looking forward to!
Sandeep
Real Estate, 501-1,000 employees
Used monthly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
FUNCTIONALITY
5
Reviewed March 2023
Great product!
Excellent!
PROSEasy to use, very intuitive and good customer service when required.
CONSThe bulk download sometimes does not work - or takes far too long to complete (even if the VDR is not that large)
Michael
Investment Management, 1,001-5,000 employees
Used weekly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed April 2023
Ansarada Review
The ease of managing a data room and the ability to track bidder participation.
CONSEncrypted 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.
James
Investment Banking, 11-50 employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
4
FUNCTIONALITY
3
Reviewed June 2019
Review
Ease of use and straight forward functionality. Great support from web chat.
CONSReporting system could be improved and be able to customise
Frank
Biotechnology, 2-10 employees
Used weekly for more than 2 years
OVERALL RATING:
5
EASE OF USE