Your Data Room Software
A virtual data room (VDR) is cloud-based platform that lets companies share confidential documents over the Internet while maintaining complete control and ownership. These security-first platforms are the ideal due diligence tools for businesses involved in M&A activities or initial public offerings (IPOs) and other legal procedures.
The best VDR providers are not just certified with top industry certifications, but also offer a complete suite of collaboration and security options that can make the difference in the success of your next project. You can check out software review sites such as Capterra to evaluate their strengths, or you can ask colleagues and friends who have used virtual data rooms in the past to provide recommendations.
The software for your data room needs to go beyond just share and store files; it should also support your whole business operation with document analytics, NDAs that are one-click, electronic signature capabilities and other important tools that boost productivity. Look for a company with 24/7 support for customers, easy-to-use APIs, device assync and ad-hoc file storage that adapts to the way your teams work.
Top-rated data rooms include security certifications as well as granular permissions. They also provide various file viewing options including screen capture blocking, and watermarking. In addition, they provide an online secure repository that includes advanced data encryption, virus scanning, backups and more, to ensure 99.9 percent uptime and protect against cyber threats. They provide a flexible storage solution with unlimited projects, users administrators, workspaces, and projects.