The best virtual data room providers provide a wide array of features to help M&A transactions and other business processes. This includes file sharing with timeouts or auto-expiration, placing restrictions on viewing, printing and downloading, as well as thorough audit trails. Additionally these platforms offer advanced security options, such as encryption, two-factor authentication and watermarks that are customizable. These tools guarantee that information is only accessible to authorized users.
Consider the level of support provided by VDRs. Opt for those that offer 24/7 live chat and phone support that is available in multiple languages. Check if the customer support team is well-informed and able to respond quickly to questions. Some providers offer small-sized businesses free trials or discounted prices.
For instance, Merrill Datasite has been in the VDR industry since 1968. The company offers folder, project, or document-level permissions, AI redaction, and a custom dashboard. Some clients are unable to use the platform. Firmex VDR, on the other hand, facilitates critical transactions for medium and larger enterprises. The platform provides visual analytics as well as an opportunity to test it for free.
OneHub is a different virtual deal space that is top special info in class. It is a storage and sharing platform that allows information in a secure way between teams from different industries such as manufacturing entertainment, medical research, and manufacturing. The software for managing data allows for real-time collaboration and documents can be viewed through iOS and Android devices. It also has advanced security features such as dynamic threat protection, document expired dates, and page by page analysis of content performance. In addition, the platform offers an initial 14-day trial.