The best data room software is secure online repository solutions created to enable individuals and companies to collaborate via file-sharing and document-management features. These virtual tools can simplify processes like M&A due-diligence and archiving with a focus on safeguarding sensitive information. The best options for your business will depend on your specific needs, but these twenty tools can help you to find the best solution.
iDeals is a VDR that comes with standard document-sharing and tracking functions, along with numerous additional features. This includes a user-friendly interface, dynamic watermarking and unique tags for easy retrieval. It also has real-time reporting, and zero-plugin reliability, as and an indexing system that automatically adds uploaded files to an archive. It is ideal for freelancers and medium-sized businesses.
Intralinks VDR, a high-end platform for business, helps elevate M&A by streamlining deals with high stakes. It is user-friendly and can be accessed via desktops and mobile devices. It also comes with strong security features like permanent data encryption, user-managed permissions and advanced IRM. It also has other features that aid in the M&A process. It has customizable workflows and advanced search functionality.
Merrill Datasite, an online VDR, is a fantastic option for law firms as well as investment banks, corporate development and private equity. It is a VDR offering high-quality security and can meet even the strictest requirements. It has a drag-and-drop file upload facility and can be published immediately or set to publish later. It also offers visual analysis of document activity as well as an activity monitor for users. The solution is cloud based and is compatible with all major browsers.