If you have to secure share crucial information with investors, partners and other stakeholders Data room software offers an efficient and convenient solution. Most often utilized in due diligence and M&A deals, virtual data rooms (VDRs) provide secure storage for documents exchange and discussions that can speed up negotiations and close deals.
The best VDR for your needs involves taking into consideration features such as user authentication, security certifications, and the management of files. You’ll also need to think about customization options, app availability and price.
This VDR solution allows users to access the platform on any device, including an iPad or desktop, smartphone, or browser. It features a simple easy interface, with advanced security features. Users can view any format of file and download it, as well as use the built-in electronic signing feature. They can also add notes and annotations to files. The controls for sharing are flexible and enable users to keep an exclusive circle of friends, with options that restrict downloads and uploads. It allows for a variety languages and lets you view high-quality previews.
Firmex is a VDR online service that provides an extensive control over user access via digital rights management. It also comes with a custom interface and unlimited accounts for partners and clients. Its search capabilities are powerful, including multilingual support as well as OCR. It also lets you create an online data room which is branded for each project. It also comes with a no-cost trial remote mobile app wipe, and proprietary file scanning to prevent ransomware attacks.