There are many data room providers to choose from, and navigating the sea of features can be overwhelming. It is recommended to read user reviews of the service and also to request a free tutorial or trial period. This will let you input your own data and test the various features. Additionally, a great VDR should have a simple interface as well as a short learning curve so that it can be utilized by all kinds of people in your company.
Legal
Make sure your data is secure for your customers using industry-leading security features like encryption, access control, and virus scanning. Streamline due diligence with speedier uploads and downloading, redaction, DocuSign Integration, and built-in support.
Consulting Services
Increase efficiency of projects through simple collaboration, file sharing and communication with clients. Use a virtual dataroom in order to enhance efficiency, safeguard confidential information and speed up deal closing.
Private Equity and Venture Capital
Accelerate fundraising deals, deal negotiation, as well as investor relations using a safe data platform that allows for a secure information exchange. Use a virtual dataroom to enhance the collaboration between investors and streamline corporate governance processes.
Life Science
In the healthcare and life sciences there are a lot of confidential documents. Failure to secure them could result in espionage and lawsuits. The best VDRs are compliant with regulations like ISO 27001, GCP GDPR and HIPAA. They are equipped with features that ensure compliance like roles-based access as well as virus scanning.
Search functions are essential for users who need to locate documents quickly. Search for a function that can detect specific and partial matches, filter by type of file, display the content structure of folders, and even include optical character recognition (OCR) for PDFs and images.