Data room software is an efficient and effective solution to safely exchange important information with investors or partners. Commonly employed in due diligence and M&A deals, virtual data rooms (VDRs) offer secure storage for documents exchange and discussion that can accelerate negotiations and close deals.
The best VDR for your needs involves evaluating features like user authentication, security certifications, and the management of files. You’ll also want to consider the possibility of customization, app availability and cost.
This VDR solution enables users to access the platform on any device, whether it’s an iPad or desktop computer, smartphone or a browser. It has a simple, intuitive interface, as well as advanced my link security features. Users can view and download any file format, use an integrated electronic signature and even add notes to files with annotation. The granular controls for sharing allow users to keep an exclusive circle with options that restrict downloads and uploads. It supports a range of languages and provides high-quality previews.
Firmex is a VDR online solution that gives the user with full control of access via digital rights management. It also comes with a custom UI and unlimited client/partner accounts. Its powerful search features include multilingual support and OCR. Moreover, it enables you to create a brand-named virtual data room for each project. It also offers a free trial remote wipe of mobile apps and a specialized file scanning to guard against ransomware attacks.