A virtual dataroom can help make the complicated due diligence process of M&A quicker, safer, and more efficient. It’s a cloud-based application that allows companies to collaborate on documents, make digital signatures and record all activity. Not all VDRs however, are made equal. It is important to choose the one that is compatible with your needs and requirements as a business, and also offers an array of features to suit your workflow. We’ve looked at the top data room providers and compiled an article about their most-valued features to aid you in making a decision.
A popular choice, CapLinked provides common VDR capabilities, such as dashboards and collaboration tools, but it also boasts robust security measures including watermarking, virus scanning and role-based access control. It’s also inexpensive, with plans available on a per-storage and per-page basis.
This VDR platform is perfect for legal firms and other companies that have to adhere to strict regulations and for M&A due diligence. The secure platform allows users to upload, manage and organize all types of documents. It also has an annotation system for documents with a sophisticated search feature and intelligent tagging for ensuring all files are located in the right place.
Data room software is a streamlined solution for mission-critical business processes for both small and large companies. It’s ideal for M&A due diligence presentation to investors and other financial transactions. It has an easy and simple configuration. Users and groups can be controlled and DRM controls are accessible as well as useful insight dashboards. It is simple to use using drag-and-drop the uploading of files and indexing capabilities.