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If you require a secure way to share critical information with investors, partners and other stakeholders Data room software offers an effective, convenient solution. Virtual data rooms (VDRs) that are often used in M&A and due diligence deals offer a secure place to share documents and discuss them. This can help speed up negotiations and aid in closing deals.
When you are evaluating VDRs, you should think about features like security certificates, authentication for users and management of files. You’ll also want to consider the possibility of customization, app availability and cost.
This VDR solution lets users access the platform from any device, whether an iPad or smartphone or a computer. It offers a simple, intuitive interface and advanced security features. Users can download and view any file format, use an electronic signature built into the program, and even add notes to files using annotation. The granular sharing controls let users keep an exclusive circle of collaborators, and includes options to limit uploads and access to download and view. It also supports a variety of languages and allows high-quality previews of files.
Firmex is an online VDR solution that offers a wide variety of security features, including password-protected sharing and an extensive control of access to users through digital rights management. Firmex also has a customizable UI and unlimited client/partner accounts. Its search capabilities are powerful, including multilingual support as well as OCR. Moreover, it enables you to create a brand-named virtual data room for every project. It also offers a free trial, remote mobile app wipe and a proprietary file scanning to stop ransomware attacks.