Online Data Room Software
The most effective online data rooms combine security, convenience and collaborative capabilities in one platform. You can use it for fundraising in a startup, securing board communications or seeking feedback on a pitch–online data rooms are a powerful tool that can be used for a variety of purposes.
VDR providers come in many sizes and shapes and vary in terms of pricing as well as ease of use, customer support, and the features they provide. Some are specifically designed for M&A due diligence, while others focus on the needs of particular industries and provide an array of features that make them suitable for various projects.
Traditional VDRs have an extensive history and were originally designed to aid in the M&A process that requires large amounts of documents and data sharing. These VDRs are typically expensive and feature a wide array of options, based on their pricing structure and the capacity of storage they offer.
FileCloud VDR is a cloud-based solution that offers a free trial and flexible pricing models. Its features like the ability to share files in granular fashion and virus scans along with auto-indexing and digital watermarking aid in securing files and allow collaborative work. It also includes an app wipe that can be done remotely and a unique file scanning engine that stops ransomware.
Citrix ShareFile VDR is a cloud based option that provides a free 30-day trial and flexible pricing models and a mobile and desktop application for quick access. It comes with a wide array of features, including multi-factor authentication with granular permissions for users, auditing of files, e-signatures document management, and Q&A flows. It also features an effective search feature, redaction built-in and DocuSign Integration.