Online Data Room Providers

The modern corporate environment requires a lot of document sharing. Documents of this type are not just needed for mergers and acquisitions. Strategic alliances are an additional example of a scenario in which an extensive amount of documentation is required. In these instances a secure, flexible and scalable platform is needed for the transfer of information. Online data rooms are a great option in this case, as they allow the parties to easily collaborate on any project and monitor its progress in real-time.

However not all data room providers are made to be the same. The top virtual data rooms offer an easy collaboration between parties, easy access any time of the day, and a dedicated support team that is ready to help any time you require assistance.

Additionally, they offer an extensive set of user permissions that allow viewing download, editing and browsing files as well as time and IP restrictions for users. Some of the top providers also let you create reports detailing the usage of each user within the system. This helps to avoid unauthorized disclosures, and gives the admin of the data room a complete overview of the activities in the VDR.

Dealroom’s intuitive M&A solution, for instance is revolutionary in the M&A processes by providing a one-stop shop for all the necessary tools to complete an acquisition. It offers an effortless experience for the sellers and buyers. It also comes with a 30-day trial period, and outstanding customer support, with a quick response to customers in 25 seconds via chat or by phone. iDeals is another service that stands out thanks to its leading-edge features, including drag and drop 25 file type support, scroll-through viewer and mobile applications. The user-friendly interface of iDeals has been highly rated by business leaders.