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Ansarada

Score8 out of 10

4 Reviews and Ratings

What is Ansarada?

Australian company Ansarada offers a virtual data room solution which boasts an AI assistant to smooth workflow and security features like the "self-destruct" document which persists for a limited amount of time, as needed, to limit exposure and risk.

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Media

Screenshot of Product Scorecard - Demo
Screenshot of VDR - Activity Report
Screenshot of VDR - Security setting

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Screenshot of Product Scorecard - Demo

Ansarada for Major Infrastructure Project Procurement

Use Cases and Deployment Scope

Managing documents for major infrastructure projects tenders. The business problem that this addresses is securely storing and providing access to all the required documents in one place with the appropriate security settings. It also allows the organisation to manage the access, ensuring that only people pre-qualified have access and the ability to enable and disable access as required.

Pros

  • Allowing documents to be uploaded but not enabled until ready.
  • The search function allows specific documents to be found amongst thousands.
  • Allowing different levels of access for different stakeholders.

Cons

  • The search feature could be easier to use.
  • Bulk uploading documents could be made to be more straightforward.
  • An email notification for every change in a data room is not required in my opinion. This could instead be every hour or every day.

Return on Investment

  • This has saved countless hours manually controlling all document management.
  • This has saved time, manual storage etc having to send documents out to individual tenderers.
  • Ansarada has reduced the probability of documents being mislaid through human error.

Usability

Alternatives Considered

ALTO eProcure, Oracle Aconex and InEight

Other Software Used

iTWO costX, Microsoft SharePoint, InEight