The best data rooms are secure online repository software that allows individuals and businesses to collaborate via file sharing and document management features. These tools make it easier to manage processes such as M&A due diligence and archiving with an emphasis on protecting sensitive information. The most appropriate option for your business will be contingent on your requirements, but these 20 tools can help identify the right solution.
iDeals is a VDR that has standard document sharing and tracking features, as well as numerous additional features. It comes with a custom user interface, dynamic watermarking and unique tags for easy retrieval. It also has zero-plugin security and real-time reporting, aswell an unique indexing system that automatically adds files to archives after uploading. It is suitable for medium and large businesses and freelancers.
Intralinks VDR, a high-end platform for business that helps to improve M&A by streamlining high stakes transactions. It is user-friendly and is accessible from desktops and mobile devices. It also has robust security features like lifetime data encryption, user-controlled permissions, and advanced IRM. It comes with a variety of other features that facilitate the M&A process, including customized workflows, advanced search capabilities, DocuSign integration, and more.
Merrill Datasite is an online VDR that’s a great option for investment banking, private equity, corporate development, and law firms. It is a top-of-the-line security solution and can meet the most rigorous requirements. It features a drag-and-drop document upload feature that can be published instantly or scheduled to publish later. It also offers visual analysis of document activity as well as an activity monitor for users. It is cloud-based and is compatible with all major browsers.
