Your Data Room Software
A virtual dataroom (VDR) platform is a cloud-based system that lets companies transfer sensitive data via the Internet, while maintaining full control and exclusive ownership. These platforms, built with security in mind, are ideal due diligence tools that can help companies participate in M&A activities and initial public offerings (IPOs) and other legal actions.
The best VDR providers are not just certified with top industry certifications, but also provide a comprehensive set of collaboration and security options that could make all the difference in the success of your next venture. You can determine their strengths by using software review websites like Capterra, or ask around for recommendations from colleagues and partners who have utilized various virtual data rooms in the past.
The software you use for your data room should not just store and share documents. It should also aid your entire business by providing document analytics, NDAs which can be created in one click as well as eSignatures and other vital tools to improve productivity. Choose a provider that offers 24-hour support, user-friendly APIs, a device-agnostic sync feature and a flexible storage system that works with the way your team operates.
The top-rated data room providers include security certifications, granular access permissions and multiple viewing modes for files watermarking, screen capture blocking and advanced search functionality. They also provide secure storage with advanced data security scans, virus detection, and backups to ensure 99.9 percent uptime and to protect against cyber-attacks. They provide flexible storage, with unlimited users, projects administrators, workspaces and projects.