Data room software can be a useful and efficient solution when you want to safely exchange important information with investors or partners. Commonly utilized in due diligence and M&A deals virtual data rooms (VDRs) offer secure storage for documents exchange and discussion that could help speed up negotiations and close deals.
When you are evaluating VDRs, you should take into account features such as user authentication, security certificates, and file management. You should also think about customization options and the accessibility of apps as well as the cost.
This VDR solution lets users access the platform from any device, whether it’s an iPad or smartphone, desktop or a browser. It has a simple, user-friendly interface as well as advanced security features. Users can open any file format and download it, and utilize the built-in electronic signature feature. Users can also add notes and annotations to files. The granular sharing controls let users keep an exclusive circle of collaborators, and includes options to limit uploads as well as access to downloads and view permissions. It can be used in a variety of languages and allows high-quality previews.
Firmex is a VDR online solution that gives users with granular control over access to their accounts via digital rights management. It also provides a customizable user interface and unlimited account for partners and clients. Its search capabilities are powerful, including multilingual support and OCR. Furthermore, it lets you to create a brand-named virtual data room for each project. It also offers a free trial remote app wiping and exclusive file scans to avoid ransomware.