Data room software can be a useful and effective solution when you want to safely exchange important information with partners or investors. Most often, they are used in due diligence and M&A deals, virtual data rooms (VDRs) provide a secure repository for document exchange and discussion that could help speed up negotiations and close deals.
When evaluating VDRs you should think about features like security certificates, authentication for users and the management of files. It is also important to consider customization options and the availability of apps and costs.
This VDR solution allows users to access the platform from any device, including an iPad or smartphone, desktop, or a browser. It has a simple, intuitive interface, as well as advanced security features. Users can view and download any file format, employ a built-in electronic signature, and even note notes to files via annotation. Its sharing controls are granular, helping users to maintain a closed circle of collaborators, and includes options to limit uploads and access to download and view. It allows for a variety languages and provides high-quality previews.
Firmex is an online VDR solution with a wide array of security features including password-protected sharing, as well as access control for users through digital rights management. It also comes with a custom user interface and unlimited account for partners and clients. Its search capabilities are powerful, including multilingual support as well as OCR. It also allows you to create virtual data rooms that is branded for each project. It also provides a free trial, remote mobile app wipe, and proprietary file scanning to stop ransomware attacks.