Are you looking for a solution for a secure and quick exchange of documents? Then, the virtual data room would be the best option for you. In addition to its structured storage capability, virtual data rooms take over the market with their close data protection and safety measures.
Additionally, virtual data rooms are used for secure storage and sharing of critical and sensitive corporate information by businesses and most frequently used in business transactions. In general, the information saved in the data room is a personal document, which is usually regarded by the business or data room owner as highly valuable.
Hence, in this article, we’ve compiled a list of the 3 best virtual data room software along with their essential features and pricing.
Virtual Data Room Software
1. Citrix ShareFile
ShareFile is a streamlined and secure all-in-one file transfer suite capable for covering the business needs of companies of all scales and sectors. ShareFile allows you to share, review, and track documents easily and securely. Furthermore, ShareFile has an easy and user-friendly interface, which enables even the most knowledgeable users to share files in a very short time.
- Take full control of your information with the authority to restrict and grant access to the correct users at the correct moment.
- View a timeline of every user's session and monitor where and when they navigated through the account.
- Transfer and update documents from your desktop to your virtual data room automatically.
- Physical backup service from ShareFile can mail you a DVD or hard drive copy of the contents of your data room for archiving.
ShareFile provides various personal pricing plans and an excellent free trial that lets you try out the capabilities of this software first. Pricing starts at $10/month.
Speed up your agreement with automated installations, preconfigured workflows and real-time insights that identify and rate your most interested purchasers. Enhance effectiveness with its more intuitive user interface and protect your project with the unparalleled security of Intralinks for Mergers & Acquisitions dealers.
- With integrated artificial intelligence, you can improve the M&A due diligence process by evaluating and handling files.
- Track and share group, user and document level activities in your data room easily eventually help you gauge your commitment.
- You can rename and upload files and folders in bulk with its drag and drop functionality.
- Approval and automated publishing of documents in one-step reduces the risk factor, saves time and speeds deal preparation.
Pricing of Intralinks is not available, you need to contact their sales team for the pricing details.
3. iDeals Virtual Data Room
iDeals Virtual Data Rooms is a software solution for document sharing that enables you to securely share and collaborate on business-critical documents. In addition, it has user-friendly data rooms that do not require training to begin safe file exchange and cooperation for your teams rapidly. It can be installed on any device such as desktop, browser or smartphone with simple drag and drop upload methods.
- It is located in different regions to maximize the speed of cross-border access.
- Assist you to scan and organize your documents for upload to iDeals virtual data room.
- The software has smart filters, keyword search, and bulk print/download actions that help bidders work faster.
- Accessible in 9 different languages: English, French, German, Turkish, Chinese, Spanish, Russian, Japanese, and Portuguese (Brazil).
iDeals Virtual Data Room provides you with 3 pricing plans that starts from $169.51/month.