If you’re in process of conducting a deal that requires secure exchange of documents, you’ll need a virtual data room (VDR) solution. A good VDR will simplify operations and improve productivity by providing a single, reliable platform to share files and store data. It should be able to support various file http://www.boardlockerroom.com/nonprofit-board-vs-staff-roles formats, offer high-speed uploads and downloading with Q&A functionality, and provide mobile access. A great VDR also includes robust security features, including documents with watermarks that are granular in their permissions and mobile access.
Box Data Room is trusted by more than 95,000 companies and 68% of them are included in the Fortune 500. Its easy deployment, simplified workflow and mobile-friendly integrations make it perfect for small or routine transactions. Some users complain that the system is hard to use and lacks advanced features.
Ipreo Prism Virtual Data Room is an encrypted platform that lets you to share data with key stakeholders. Cloud technology makes it possible to speed up implementation without the requirement for downloading or installation. Its granular reports allow participants to monitor their progress and gain insights. Moreover, it supports multiple languages and comes with various file types, including PDFs and PowerPoint presentations.
RR Donnelley Venue Data Room provides a comprehensive suite of solutions for M&A buy-side and sell-side diligence corporate repository, procurement management. Its security features include file-level protection, data encryption at rest, and granular security controls when viewing and downloading files. It also comes with a variety of collaboration tools such as chats, Q&As and more. However, some users say that the interface isn’t as intuitive as it appears and that the pricing is more expensive than other providers.
