ShareVault provides a lot of features like Custom Branding, Two-Factor Authentication & Security of your files to help you carry out M&A, IPO, fundraisers and many more processes. However the features that they offer are not unique when compared to other vendors like Orangedox which seamlessly integrates with Google Drive and Google Workspace, at a fraction of the cost.
Which platform is more affordable?
ShareVault offers custom pricing for each use case but their more standard & popular plan is at around $200-$400 per month depending on the amount of storage you require and which reporting features you need. Orangedox’s Business plan comes at a standard $45 per month and offers similar features, but provides unlimited storage (you’re just limited to what you can save on your Google Drive) and it includes all platform features like reporting & metrics.
How effortless can you get set up?
ShareVault has an intricate setup process, and requires you to upload all of your documents to their platform. So if you’re hoping to share a large number of files in your data room, be prepared to spend time uploading them first which may take some time, especially if you have larger files. Orangedox on the other hand provides a seamless integration with your Google Drive allowing you to simply point your data room at a Google Drive folder, no uploading required.
Seamless Integration
As we mentioned above, ShareVault requires you to upload files onto their platform, which also means you’ll need to re-upload any documents that you change during the course of the deal. Orangedox instead pulls your files dynamically from your Google Drive, allowing you to simply point your data room at a Google Drive folder. We’ll also sync any changes you may make to your data room, so you’ll never have to remember to re-upload your files every again.
How easy is it to get in touch with a representative?
Both Orangedox and ShareVault provide support via phone and email. ShareVault offers 24/7 Support for onboarding starting with their Express Plan, however they do prioritize higher paying customers once you have questions later. Orangedox provides priority support to all their customers, and you can typically expect responses to your questions within a couple of hours.
Verdict/Conclusion
Orangedox offers a more affordable, easier-to-setup and maintain data room that seamlessly integrates with your existing Google Drive. Making it an excellent choice for companies looking to efficiently manage their Data Room needs.
Start your 14-day free trial of Orangedox Virtual Data Rooms and see what Orangedox can do for your business.
Orangedox provides one-click create virtual data rooms that are directly synced with your Google Drive folders.
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