The best virtual data rooms are those that provide a secure, efficient platform for sharing and storing documents. These services are becoming increasingly popular because they can replace traditional storage solutions and provide better access control as well as transparency in communication. They are particularly useful for companies that have a need to share sensitive information, like those involved in M&A, due diligence, fundraising and legal document management. Some of these services also feature advanced analytics, a flexible interface, and eSignature support.
iDeals is one of the best VDRs available, provides an intuitive, simple interface, a wide range of options that include visual analytics groups and user management, OCR and granular access control, as well as customizable watermarking. It offers a free trial and boasts a huge list of clients including Good Year, Deloitte and KPMG.
Another option is Firmex that is renowned for its strong due diligence capabilities. The user-friendly interface allows users to work fast, and its expert team offers 24 hours a day customer support. It offers a two-week free trial and customizable pricing.
Sharefile is an online data room with a variety features that meet the needs of different industries and business processes. Its security features include access only for viewing and click trails. It also allows users to block screenshots or track downloads, as well as permit only certain IP addresses to access the website.