The best virtual data rooms offer a safe, efficient platform for sharing and storing documents. These services are becoming increasingly popular since they can replace physical storage and offer better communication, transparency, and access control. These services are particularly beneficial for businesses that need to share sensitive information, such as those engaged in M&As, due diligence, fundraising or legal document management. Some of these solutions feature advanced analytics, a flexible UI, and eSignature support.
iDeals is one of the most effective VDRs available that offers a clear intuitive interface and an array of features that include visual analytics, user and group management, OCR, granular access controls, and customizable watermarking. It gives a free trial and boasts a huge list of clients such as Good Year, Deloitte and KPMG.
Firmex is a different top choice, and is known for its strong capabilities in due diligence. Its user-friendly interface makes it easy to work quickly and its team of experts offers 24/7 customer support. It also provides a no-cost two-week trial, and has the option of adjusting pricing.
Finally, Sharefile is a secure online data room offering many features to diverse business and professional functions. Its security features include view-only access and click trails. It also offers the option to block screenshots as well as track downloads and permit only certain IP addresses to access the site.