When choosing a virtual dataroom make sure you choose one that has an easy-to-use user interface which can support the most well-known file formats and comes equipped with in-platform viewing. The best VDRs also provide support for customers to help resolve any issues that might arise during the due diligence process. When selecting a VDR it is important to choose one that supports the specific industry you operate in to benefit from the specific features for your industry and streamline collaboration and speed up processes.
Designed for global banking and M&A, Intralinks offers sophisticated data management using streamlined processes that provide top-of-the-line security for confidential documents that are shared through its online portals. Its automated setup and pre-configured workflows virtual data rooms let users start immediately, and granular permissions and controls ensure that only those authorized to access data can do it. With access to mobile devices and 24/7 customer support, it is an ideal option for on-the-go M&A teams.
A leading solution for M&A, Datasite Diligence combines secure and robust security with a simple collaboration to streamline complex deals and enhance M&A workflows. Its AI tools streamline due diligence, automating tasks, categorizing information and eliminating it, while also providing insight into bidder behavior and motivations. The users can also count on fast responses to questions and centralized task tracking that keeps them in order throughout the course of the deal.
Digify, founded in 2011, claims to be the easiest data room on the market. It offers instant setup and basic features such as drag-and-drop bulk-uploads, security features, and customizable NDAs. Digify supports integrations from outside as well as 2-factor authentication and notifications.
