Admincontrol Data Room
Admincontrol review
Admincontrol data room is a solution for the secure and efficient management of sensitive business data. The company started operations in 2005, with headquarters in Oslo, Norway. Other Admincontrol offices are in the UK, Denmark, Scotland, Finland, and Sweden.
In 2015, due to the acquisition, Admincontrol became part of Visma, a leading business-critical software developer in Europe. Since then, its virtual data rooms have become a more expanded product for due diligence, corporate compliance with regulations, M&A, improved collaboration routine, tender processes, etc.
In addition to being recognized in Europe, the product is industry-leading in the Nordic region, where more than half of the listed companies use the software for various purposes. Due to this, the provider’s customer retention rate is 98%.
Along with virtual data rooms, the vendor offers a Preparation portal. It is a restricted virtual workspace for thorough preparation before selling a company. Whenever you feel ready, you can switch from the Preparation portal to a standard data room. It is usually done just in a few clicks or by contacting the manager.
- Unlimited data volume
- Unlimited users
- Setup and indexing
- 30 minutes of training and project management from a dedicated Client Manager
- Easy upgrade to full data room
- 500 MB
- 1 Hour of training and project management
- Unlimited number of users
- Secure messaging
- 1000 MB
- 2 Hours of training and project management
- Unlimited number of users
- Secure messaging
- 1500 MB
- 3 Hours of training and project management
- Unlimited number of users
- Secure messaging
Admincontrol data room pricing
Admincontrol has four pricing plans designed for various business needs. All of them, except for the Preparation portal, include:
- ISO 27001:2013 and SOC 2 Type II compliance
- Secure messaging module
- Task manager
- Redaction tool
- Folder wizard
- Advanced Q&A
- Automatic indexing
- Data room export
- Unlimited number of users
Unlike other providers, Admincontrol assigns to all clients dedicated account managers. They help set up, upload, and structure virtual data rooms professionally. There is also a reliable 24/7 support service.
- Preparation portal. This package consists of all the features to prepare for due diligence. But on the website, the provider does not list the available options. However, they say clients need to re-subscribe to one of the plans below to complete the procedure. The cost is 300 EUR/month.
- Small. The plan provides a basic virtual data room for small projects and gives 500 MB of storage and one-hour training. The price is 600 EUR/month.
- Medium. It is fit for small and medium projects, so the storage here is 1000 MB, and the training is 2 hours. The subscription costs 800 EUR/month.
- Large. This plan is the choice for medium and large projects, and it offers 1500 MB of storage and 3-hour training. The fee is 1000 EUR/month.
admincontrol vdr solution
Admincontrol VDR is suitable for the following purposes:
- Enhanced security. Client privacy is a priority for the provider, which was considered when developing the platform and continues to be improved with increased attention. Thus, security mechanisms and measures ensure that only authorized users can access data. Moreover, such certified IT auditors as SOC 2, ISO 27001:2013, and GDPR audit the product to confirm its high quality and compliance with international security standards.
- Accelerated dealmaking with AI. Artificial intelligence integration makes document review smooth and swift. The vendor is also partnering with Luminance, a leading provider of AI engines built on groundbreaking machine learning. As a result, users of Admincontrol virtual data rooms benefit from increased productivity and efficiency in working with documents, which speeds up transactions.
- Protected communication. M&As or other complex procedures usually involve many clarifications and discussions. And unlike unreliable communication channels, the Admincontrol software offers a secure messaging module, which is an encrypted, and therefore, safer alternative. This hybrid of mail and chat allows users to exchange messages within the platform easily and guarantees robust protection against threats.
- Structured data. The Folder Wizard is a tool that makes it easy to structure folders on the platform from scratch or using best-practice customizable templates developed by financial and legal advisors.. Therefore, they are ideal for financial and legal due diligence, fundraising, and real estate transactions.
You can request a 14-day free trial period for the Preparation Portal on the provider’s official website. Unfortunately, other service packages do not include this option. However, you can schedule a demo to see how the platform works.
