As mergers and acquisitions continue to grow across the globe, the demand for reliable and efficient virtual data room software is increasing. Data rooms enable companies to share documents and collaborate with stakeholders from any location in the world, while boosting security and facilitating due diligence.
Look through online reviews to determine the most reliable virtual data rooms for your company. While some of these reviews might be sponsored by vendors be sure to be sure to read them thoroughly to avoid biases. Be sure to consider the features and prices that each provider offers. This is a significant factor in your decision.
iDeals, a simple and user-friendly virtual room, integrates workflow with its platform. It offers a multilingual user interface and comes with a variety of tools for document management and user management. It also offers secure document sharing with two-factor authentication, granular admin permissions, as well as visual analytics. It is a great choice for M&A projects and due diligence, and is used by large-name companies such as BMW, Burger King and Sanofi.
Another option that is worth considering is BrainLoop, which provides a virtual data room for any sizeable company and offers a variety of collaboration tools that promote teamwork and productivity. It also has a number of security features, such as the ability to instantly set-up, customize your NDA and the ability to grant users granular access rights. The pricing is also competitive, and it offers the option of a 14-day trial for free.