The best data room software provides cutting-edge file security and control and allows users to safely share sensitive documents with external parties. These software solutions for businesses are crucial in M&A, IPO, and other high-value transactions. The best providers offer secure uploads, auto-indexing and built-in Q&A, e-signature, and robust reporting. They also offer multiple projects, dashboards and user management.
For instance, iDeals VDR boasts an intuitive configuration, as well as a wide array of deployment best data rooms for m&a options. Its ease of learning and 24/7 customer support make it an the ideal choice for new businesses. The reviews of its users, however take note that the pricing structure is expensive and it doesn’t offer an unlimited storage plan.
Box, Intralinks and Firmex are also well-known VDR vendors. All are backed by global corporations and offer a wide range of digital solutions for every project. Box is used by more 95,000 businesses, which includes 68 percent of Fortune 500 firms. Its user-friendly interface and the extensive document integrations make it a great tool for daily or small transactions. Its limited functionality, on the other hand is unsuitable for large-scale operations.
Intralinks is one of the most widely-used VDR providers, boasting more than 4 million users in the world. Its robust features include advanced search, document tags and the ability for mobile devices to edit and view PDF or Word files. It also works with third-party applications and supports multiple currencies and languages. It also comes with advanced features, including two-factor authorization session timeouts, session timeouts as well as location restrictions.