People are currently frequently not ready to try recent technologies. But there is no guarantee that it will be 100% effective. The developers of VDRs have taken this caveat into account. They simplified the work with the online data room. You don’t need to know all the details to get started. There are plenty of products available today. We’ve presented the list of the best virtual dataroom software solutions. You can see which decision has the best topic for you.
The interface is very structured. After registering, you can immediately start working with the electronic data room. You don’t need any powerful equipment at all to get started. The PC, tablet, or mobile device is more than enough. Share data with partners anywhere in the world! Every authorized VDR user will get one of nine access levels.
Why Is Access Control to VDRs Important?
All documents include the watermarks. It helps to know the identity of the user. Each user must go through an identity verification procedure before viewing. Viewing files through a security grid has immense promise. It makes it impossible for unwanted copying of information.
Grant access to the file of a specific IP address only for the duration of the trial period! Revoking access to the document after the file should be downloaded is a reality. Another feature is the statistics summary. Keep track of how much time a particular user spent on a file and what changes were made (over a month, three months, or a year).
5 Most Popular Virtual Data Room Software
We present the best VDR solutions to simplify your work.
1.iDeals
iDeals is a unique development for exchanging data about mergers and acquisitions among companies. The risk discovery process through query tracking/document retrieval is fully automated. Data storage and communication tools are intelligent platforms. Get valuable analytics! With iDeals, your M&A transactions will become more anticipated and consistent.
- SecureDocs
SecureDocs is the fastest virtual data room anytime. Your sensitive information is safe! It’s a simple program that’s intuitive with a quick setup. Store, share and manage your confidential corporate documents and streamline the transaction process. Manage and share sensitive company information in preparation for mergers/acquisitions. Organize your files in the best way.
AppScale is an affordable online data room. With the rash drag-and-drop option SecureDocs, uploading documents to VDRs becomes easy. Unlimited users and uploads are just essential. It’s easy to control and delegate access to various VCs during meetings with them to provide access to the company’s financial info!
You can detect the attacks and malicious activities before costly data breaches occur. Program developers have paid attention to authentication and access control. Only those who have access to the document can take advantage of this. Use virtual data room software for your work.
- ShareVault
With ShareVault, sharing confidential documents with third parties will be much easier. It’s a simple interface and efficient transactions around the world. That’s millions of dollars of valuable information! Many large, medium, and small companies, venture capitalists, investment bankers, law firms, and accountants rely on the simple and secure ShareVault platform for streamlined due diligence. Only maximum document control and analysis with the highest level of document security and monitoring available!
Use ShareVault to see which users have opened documents/pages and when. Manage and track the signing of legally binding Data Room login agreements. Organize files in multiple locations in your hierarchy. You must have the tags! You can also find the documents you need. To view the information, the developers have provided the feature. Now even fewer clicks!
Mark the files or tags you’re interested in so you can find them quickly later. Set up your data room. Choose a logo that only you like and specify your URL. For due diligence, you should number your documents.
- Ansarada
All business events (mergers and acquisitions, sales, capital raises, and audits) are available to you. A 14-day free trial is available. The following operating systems are supported: Mac and Windows. It’s an experience for quick customer service when you need it.
A secure data room is consistent with banking products. It’s a great design, optimized for mobile devices, access control, and usage tracking/self-destruction of files regardless of location. There is no limit on the maximum number of users.
Affordable pricing and flexible pricing plans for AI/ideas. Meet risk, compliance, and disclosure requirements. Sync with cloud-based tools Box, Google Drive, Dropbox, and OneDrive is available. Work productively with comments, notifications, and Q&A, such as Excel and email integration.
- Digify
A worthy SaaS software. Protect all your important documents and data. You can customize document access, arrange advanced encryption, file tracking/print, and upload permissions/customizable watermarks. Choose Digify if you have a small business or plan to manage your workflow with critical data.
Identify investors you can reach at the right time with document tracking and analytics. Know when your investors are interacting with your documents. You can apply all Digify capabilities to relay sensitive data with set time-outs. It’s the easiest way to grant and revoke access to individual files.
Summary
Protecting corporate information has always been of particular interest to many entrepreneurs. With the development of information technologies, it becomes more and more difficult to protect confidential information from unauthorized access. Remote work is gradually becoming an easy way to earn money. It penetrates all spheres of life. That is why tools for learning, work, and communication are relevant.
Virtual data rooms are a handy tool. Optimize your company’s business processes and data collection/analysis, rate the VDR functions, and save you time and money! Work processes will be pleasant and intuitive from now on. Data room services will help you with many issues related to your business.
You will get control over working with documents (names of the viewed documents, working hours, the number of users who have access to information, etc.). Create a room with all the information you need and a limited number of users with access to the documents. You will get quite complete and reliable protection of the corporate data!