When deciding on the best software for a data room, pick vendors that provide a wide range of functionalities. They should be able provide detailed information about user activities within the virtual data room. In addition they should be able to generate audit trails that can boost transparency and accountability. Other important features to consider are customizable watermarks and email notifications, granular permissions, two factor authentication printing and exporting documents, control, and granular access rights.
Firmex provides a unified virtual data room that is used by enterprises with information-dependent operations to accelerate due diligence processes, facilitate collaboration, and streamline the document management workflow. The platform is designed for an array of industries such as technology, life science, legal firms, and investment banks.
iDeals Virtual Data Room offers an extensive array of features, including secure document sharing, security presentations access, revoke access, as well as customizable watermarks. It is easy-to-use and offers an array of integration options such as Boxes and Google Drives, Dropboxs, and Salesforce. The company also provides an opportunity to try it for free.
Kiteworks is an electronic data room that facilitates multi-organizational transaction, like M&As or fundraising. More than 3,800 organizations rely on it, including IT, security and compliance executives. It protects sensitive data from intentional or inadvertent exposure with powerful encryption and need-to-know access controls. The tool allows administrators to monitor document and user activity through informative insights dashboards.