Data room software is a fantastic solution if you’re looking to shift away from email to manage documents and move to an application that is unifying. It allows you to share documents with others securely and work together easily. It also supports a wide variety of file formats and lets you edit them. It allows you to track who is interacting with your files, and how. When choosing a data-room service, make sure you choose one with granular permissions as well as central dashboards to monitor the activity.
iDeals Virtual Data Room offers a broad range of business tools at a budget price. Its features include two-way synchronization, OCR and multilingual search capabilities. Its drag-and drop interface is easy to use for those who are not tech-savvy and allows you to set up projects quickly. It also assists in organizing files using a directory listing as well as a data room indexes that can be exported to PDF or Excel. iDeals also offers a broad variety of collaboration tools, including Q&A as well as an encrypted document viewer and a workspace that can be customized.
Ipreo Prism Virtual Data Room is a cloud-based tool that allows collaboration and sharing of documents, offers secure storage of documents and collaboration in business processes. The deployment process takes less than five minutes and doesn’t require installation, downloads or plug-ins. The platform is certified ISO 27001 and SOC 2 with a high uptime. The analytics feature is automated in reports and detects patterns of behavior to identify potential risk.
Brainloop Secure Dataroom is a SaaS VDR that is specialized in providing a secure online workspace for M&A and due diligence. It is available 24/7 via a web-browser or mobile app. It comes with a complete security framework. Its security features include password protection, timeouts and automatic expiration as well as granular access rights for users as well as a central control panel, and visual analytics of document activity. It is a great choice for mid-sized or small-sized companies.