With top-quality security and comprehensive capabilities, virtual data rooms (VDRs) are an excellent solution to facilitate deal transactions. They provide a secure document repository, along with a variety of other document services such as eSigning tools and contract management software and much more. They are also designed to make it easier and faster to speed up due diligence with features like a customizable structure for folders, a scroll-through viewer as well as automatic indexing and the ability to set permissions in granular ways.
Focus on the features that are most important to you. For instance, if require a solution for one project, you should consider one that has simple folder structures to keep your documents organized and easily accessible. Or, if you need an application for an ongoing deal, you should look for an organization that has a robust Q&A feature with real-time activity tracking and full audit trails.
Find the most suitable software by reviewing customer feedback on independent review platforms. Look for user testimonials about the software’s performance across various situations, such as streamlined due diligence and secure collaboration for sensitive projects, and the quality of support.
Intralinks Virtual Data Room Edition allows for over 6,000 high-risk transactions each year. They are ranging from M&A due diligence to partnership and fundraising negotiations. The solution provides a dynamic workspace where all stakeholders can collaborate with anyone, at any time, and with any device. With strong security features such as private servers, external security additional reading audits and safe data processing practices, it allows companies to meet compliance requirements and security requirements. It also helps them streamline their processes to maximize the return on investment.