Product: VDRPro
Applies to: Users with the Manager Plus and Manager Limited roles
Deal Prep VDRs allow you to quickly begin setting up a VDR because they do not require a paper signature or commercial commitment. Instead, Intralinks provides an agreement page with click-through terms and conditions. This agreement screen is presented every time a person logs on.
Intralinks creates the VDR in the preparation phase and provisions it with a manager limited role for the administrator. You can perform the following tasks in a Deal Prep VDR:
- Create and manage users
- Upload and manage documents
- Configure buyers/participants and buyer/participant groups
Deal Prep VDRs do not allow you to:
- Invite buyers/participants
- Change the VDR phase
- Change the agreement page
When your organization signs a contract (also known as an Enterprise Service Agreement, or ESA) with Intralinks, your Deal Prep VDR is converted into a full VDR.
Members with the manager limited role are upgraded to the manager plus role and they are notified by an email alert.
You are then able to open the VDR to buyers.
Deal Team Exchanges (DTE)
Note: The terms VDR and exchange are used interchangeably in Intralinks products.
A DTE VDR can also be used for deal preparation, however, it has limitations and is not recommended. Unlike a Deal Prep VDR that is a single VDR that can be converted to a full VDR, a DTE is a VDR that can only be used for deal preparation. A new VDR must be created when you are ready to go live. Some of the limitations of a DTE are:
- Only managers and publishers can have access to a DTE and they can see each other.
- Two contracts are required - one for the DTE and one for the live data room.
- When you go live, you must copy your files from the DTE to your live data room. After copying the files, they must be reviewed to ensure that they were copied correctly in the intended folder structure.