Ansarada

Ansarada

4.5
(21)

Virtual Data Room designed exclusively to simplify M&A

Work for Ansarada?

Learning about Ansarada?

We can help you find the solution that fits you best.

Find the Right Product

Ansarada Reviews

Ask Ansarada a Question
Write a Review
Filter Reviews
Filter Reviews
  • Ratings
  • Company Size
  • User Role
  • Industry
Ratings
Company Size
User Role
Industry
Showing 21 Ansarada reviews
LinkedIn Connections
Ansarada review by Administrator in Oil & Energy
Administrator in Oil & Energy
Validated Reviewer
Verified Current User
Review Source
content

"Straightforward interface with excellent buyer engagement scores"

What do you like best?

The organization of due diligence documents and Q&A tracking are clean and efficient. Access controls are intuitive and effective to keep buyers focused on answers to their specific questions. The AI driven engagement scores are really helpful in tracking how each bidder is getting through the process.

What do you dislike?

Large data file uploads and uploading lots of files takes quite a bit of time, and it's difficult to determine if all of it really got successfully uploaded. It's possible, but you have to monitor it.

Recommendations to others considering the product

This is a solid due diligence and Q&A platform, and the AI features are really value added.

What business problems are you solving with the product? What benefits have you realized?

We effectively managed numerous large bidders through the sale of our company using a very small team handling thousands of questions and uploading thousands of data files including several massive data files. It being cloud based helps as our parent company is overseas and the bidders worked remotely as well.

Sign in to G2 Crowd to see what your connections have to say about Ansarada
Ansarada review by Shaquille S.
Shaquille S.
Validated Reviewer
Verified Current User
Review Source
content

"Exceptional"

What do you like best?

The interface of Ansarada was extremely easy to navigate. The upload system was fast, reliable, quick and easy. The permission settings for users were fantastic. The reporting functionality was extremely useful. The support team were fast, friendly and always available.

What do you dislike?

The only thing that I disliked about Ansarada was the individual permission settings for each document. Specifically, you could not group disable documents but had to go through one by one and do this.

What business problems are you solving with the product? What benefits have you realized?

We generally use VDRs for the sale and purchase of large buidlings, shopping centres, hotels and such as its a central way for all parties involved to have access to relevant material.

What Virtual Data Room solution do you use?

Thanks for letting us know!
Ansarada review by User in Financial Services
User in Financial Services
Validated Reviewer
Review Source
content

"Ansarada VDR usage for Due DIlligence"

What do you like best?

The interface was very easy to use. It is much more intuitive compared to other VDR providers. They also seem more willing to negotiate when compared to other providers. Better interface at a cheaper price than the market

What do you dislike?

Nothing in particular. I think Ansarada is as good as the top VDR providers, except maybe a less powerful brand name which matters to some investment banks.

Recommendations to others considering the product

Ease of interface is the best in the industry with about average price point for the industry. If you are looking to share the dataroom with users that are not familiar with due diligence then this is best choice, For example, if a start-up is going through M&A then it would be the best choice because it is more likely then not that the startup team would not be as familiar with VDRs compared to a Private Equity firm or Investment bank.

What business problems are you solving with the product? What benefits have you realized?

Security when performing due diligence for M&A activity. Particularly with Financial due diligence

Ansarada review by User
User
Validated Reviewer
Verified Current User
Review Source
content

"Ansarada was generally good and easy to navigate."

What do you like best?

Ansarada dataroom was useful for our team in distributing very large documents. It did its job fine and the interface was simple to understand. Download speeds were also fine.

What do you dislike?

The documents could only be downloaded from the server in three different sections. It split the data into three different ZIP files. It was not the best solution. It also could only be downloaded from internet explorer (I'm a chrome user).

Recommendations to others considering the product

Consider using Ansarada for tasks involving handling and managing bulk data.

What business problems are you solving with the product? What benefits have you realized?

Collect and segregate/distribute large project and tender documentation. Ansarada would be useful for any mass data point collection and distribution.

Ansarada review by Ruben S.
Ruben S.
Validated Reviewer
Verified Current User
Review Source
content

"Seamless Data Room"

What do you like best?

Set up was easy and the support staff is great.

What do you dislike?

Printing reports. The reports at times have issues printing in its entirety.

What business problems are you solving with the product? What benefits have you realized?

We had issues with users having issues with some web browsers and Adobe Acrobat. That has been resolved itself over time. Utilizing the system as tool in our of our marketing has yielded positive results..

Ansarada review by User in Civil Engineering
User in Civil Engineering
Validated Reviewer
Verified Current User
Review Source
content

"Application of Data Room Services During Procurement Process"

What do you like best?

Extremely convinient organization of documents, easy managable extraction of necessary docs & filtering; bulk download function is gorgeous!

What do you dislike?

It will be great if you can trace previous revisions (or make them available) for the download. Pre-viewer is not alsways working well with Chrome;

It will be great to have notification system based on "folder" rather than timing only (ex.: notify me for any changes in particular folder)

Recommendations to others considering the product

If possible, please reduce number of empty fields in Excel Improt File, to allow Pviot tabulating & data filteing.

What business problems are you solving with the product? What benefits have you realized?

Participation in procurement process for infrastructure project;

Ansarada review by User
User
Validated Reviewer
Verified Current User
Review Source
content

"Frustrating customer experience"

What do you like best?

Bulk upload feature, as well as the live chat feature which was easy to use.

What do you dislike?

The Q&A function regularly froze, the customer service was extremely frustrating and I found myself being passed around people who did not know the systems well enough to answer my questions. We also had issues with document security inconsistencies.

Recommendations to others considering the product

Although cheaper, it was a frustrating experience with a lot of freezing and inconsistent support.

What business problems are you solving with the product? What benefits have you realized?

We used this for a sale process as the dataroom. It was helpful having everything in one place.

Ansarada review by Administrator in Construction
Administrator in Construction
Validated Reviewer
Verified Current User
Review Source
content

"Easy and Fast"

What do you like best?

I like the bulk down load option as I often have multiple documents to download which would otherwise take hours to download on their own.

What do you dislike?

Ansarada use to remember your login details. This feature has now been removed. It was a time saving feature that'd be great to have reinstated.

What business problems are you solving with the product? What benefits have you realized?

We use Ansarada as a client to large organisations for Tendering purposes. It is great to be able to have one true source of all Tender documents to download from and return to, to ask questions.

Ansarada review by James M.
James M.
Validated Reviewer
Verified Current User
Review Source
content

"Fast and easy solution for a Private Equity Firm's Data Room"

What do you like best?

Nice, clean interface. It was very easy to get started and configured. We alredy understood what a dataroom was for, so we didn't need any ramp time on the concept. Very easy to configure folders and upload content. We were able to organize our data exactly the way that we wanted to. Security is fine-grained, so we are able to have multiple levels of access for our potential investors. Folks that are ready to do detailed due-diligence can get one level, while tire-kickers can be given more limited access. Good reporting interface on user activity. It will "auto-number" your skeleton of folders for you -- or you have the opportunity to use your own numbering scheme (which we did).

What do you dislike?

No native iOS or Android app. So it's a bit klunky to use when you need to get somebody new access while hustling between planes. Would like a more flexible "contact management" system so that we could personalize the intro emails that get sent out. This is probably more of an issue for Private Equity shops as opposed to Investment Banks selling a company. While an Investment Bank might give 20 people access to a data room -- we have the potential to give HUNDREDs of people access. Would prefer to be able to add contacts in a nice interface and then have the login emails customized to say "Welcome [Jane Doe], yadda, yadda, yadda".

Recommendations to others considering the product

Very easy to do a trial of the software -- so do it. Much nicer interface as compared to the older products like RR Donnelly

What business problems are you solving with the product? What benefits have you realized?

We use ansarada to provide our potential investors will secure, controlled and logged access to our investment data -- returns on deals, financial models, team bios, reference lists, company presentation. There are any number of "classic" platforms for this -- and they are all pre-Web 2.0 -- clunky, terrible graphics, they look like Internet Explorer circa 1995. Ansarada is sleek and modern -- like us ;) You could write your own platform using something like Squarespace, or create folders in DropBox -- but don't . You'll want the control and detailed reporting that you get from ansarada.

Ansarada review by Darren T.
Darren T.
Validated Reviewer
Review Source
content

"Great tool for M&A work"

What do you like best?

Very easy to use. Improvements made to the importing function for large volumes of data for sell-side work. Simple to search & find data for buy-side.

What do you dislike?

Default numbering on upload - often have to renumber to get better organised

What business problems are you solving with the product? What benefits have you realized?

Data room for M&A transactions; enables quicker uploads, great controls, can see hat the prospective buyer has been viewing & react accordingly

Ansarada review by Administrator
Administrator
Validated Reviewer
Verified Current User
Review Source
content

"Very user friendly with great customer service"

What do you like best?

The ease of document upload and the Q&A function

What do you dislike?

Question/answers are dated as 'x days ago' not as DD/MM/YYYY which would make it easier for internal tracking

Recommendations to others considering the product

Q&As should have the date it was asked/answered rather than 'x days ago'

What business problems are you solving with the product? What benefits have you realized?

Allowed us to run a secure request for tender process, and a separate tender evaluation process

Ansarada review by Administrator
Administrator
Validated Reviewer
Review Source
content

"Best visual VDR experience, great customer service "

What do you like best?

Ansarada have done a great job investing in the presentation of the data room. They also have a great support team that I have used regularly and without fail they have solved complex problems within good timeframes.

What do you dislike?

Pricing is ambiguous and not easy to compare for short term data rooms. Also having a DTE contract would be more competitive.

What business problems are you solving with the product? What benefits have you realized?

Sale side transactions are the primary function we are using Ansarada for and they provide the data security and transaction supppirt we require for material transactions.

Ansarada review by Administrator
Administrator
Validated Reviewer
Review Source
content

"My go-to client recommendation for M&A data room "

What do you like best?

5 years ago I was amazed by what I thought were “magic” document protection functions Ansarada provided. After using it many times since on both buy and sell side M&A, I am comfortable recommending it to every one of my clients requiring a secure, transaction-oriented digital data room service.

What do you dislike?

There is nothing that I can identify that I dislike about Ansarada

What business problems are you solving with the product? What benefits have you realized?

Ansarada provides efficiency, high level functionality for critical needs processes and high level security for commercially sensitive provision of documents and information

Ansarada review by Administrator
Administrator
Validated Reviewer
Review Source
content

"Very good experience with an easy to use UI."

What do you like best?

The UI is very easy to manage and use.

The reporting function showing where investors are focusing their time is very helpful and easy to digest.

What do you dislike?

The MIP and the data room don’t update with one another in real time.

Some poor review functions when trying to just view a file rather than having to download it.

Recommendations to others considering the product

See my negative feedback in previous page

What business problems are you solving with the product? What benefits have you realized?

Visibility on transaction readiness and visibility on investor movements within the platform in a digestible format.

Ansarada review by User
User
Validated Reviewer
Review Source
content

"Senior Paralegal"

What do you like best?

This dataroom was easy to use and my favorite data room provider. The pricing is reasonable and the customer service is great. The sales team responded to my questions and concerns quickly.

What do you dislike?

I can't think of what I disliked about this program.

Recommendations to others considering the product

This is great for a small company to use if they need a data room. The price is very reasonable and gets the job done.

What business problems are you solving with the product? What benefits have you realized?

We used this to close a sales transaction and it went smoothly.

Ansarada review by Administrator in Real Estate
Administrator in Real Estate
Validated Reviewer
Verified Current User
Review Source
content

"An easy and efficient online tool to manage and track all movements in a retail transaction"

What do you like best?

The data room is very helpful during a DD process as you can track all movements of every user to clarify whether documents have been opened.

Its very easy to use and efficient for uploading new documents.

What do you dislike?

There is nothing I dislike about this product.

What business problems are you solving with the product? What benefits have you realized?

Its a safe and trustworthy environment for sharing documents with the public. The security settings allow private information to be kept secure and removed from any computer when requested.

Ansarada review by Stephen L.
Stephen L.
Validated Reviewer
Review Source
content

"Intuitive and easy to use"

What do you like best?

Simple, straightforward menu options and functionality.

Very responsive support service if you need it.

Prepackaged reports provide the information I need.

Full traceability of document access and Q&As available to administrator.

Easy to select, multiple role types for people accessing the data room.

What do you dislike?

There was nothing I dislikes. It was the first time I had used a virtual data room and would be happy to use Ansarada again.

Recommendations to others considering the product

Try it!

What business problems are you solving with the product? What benefits have you realized?

Allows efficient management of a due diligence process across multiple cities without the need for a paper data room and with full traceability of document access and Q&As.

Ansarada review by User in Computer Software
User in Computer Software
Validated Reviewer
Review Source
content

"A efficienct, easy to use product"

What do you like best?

The data room is very easy to use, has a clean look, and most importantly it just works.

What do you dislike?

You definitely get what you pay for and I have no real complaints. I guess the only thing would be that I would prefer if the price was lower.

Recommendations to others considering the product

Definitely give it a shot, the only other solutions I have used were proprietary and ansarada beats them handsdown

What business problems are you solving with the product? What benefits have you realized?

The business problem we solved was finding a way to securely share information during the due diligence phase.

Ansarada review by Dana H.
Dana H.
Validated Reviewer
Review Source
content

"Positive"

What do you like best?

The ease at which you can move documents

What do you dislike?

Explaining how to use to clients as most have not used the product before

What business problems are you solving with the product? What benefits have you realized?

Ease of uploading and organizing

Ansarada review by Matt P.
Matt P.
Validated Reviewer
Verified Current User
Review Source
content

"Ansarada Data Room Services"

What do you like best?

Well designed functionality.

Extremely helpful and responsive customer support 24/7.

Very cost effective.

What do you dislike?

No issues with functionality or support.

What business problems are you solving with the product? What benefits have you realized?

We are using Ansarada as a repository for data to support business transactions.

The offering has worked exceptionaly for all users on our account.

Ansarada review by Administrator in Insurance
Administrator in Insurance
Validated Reviewer
Review Source
content

"Easy to use"

What do you like best?

Very easy to use and love that we weren't charged by the amount of data.

What do you dislike?

I never really figured out the questions part of the data site - we did not use.

What business problems are you solving with the product? What benefits have you realized?

This helped us complete an acquisition. We greatly reduced the number of emails and also storing/managing documents.

Learn more about Ansarada

Ansarada Videos

Kate from G2 Crowd

Learning about Ansarada?

I can help.
* We monitor all Ansarada reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. Validated reviews require the user to submit a screenshot of the product containing their user ID, in order to verify a user is an actual user of the product.