If you’re looking at securing contracts for a merger or acquisition or just to protect your data from hackers and other threats, Virtual Data Room is an effective option. In fact, a Virtual Data Room provides an advantage over other file sharing platforms like Dropbox or Google Drive in that it supports a variety of formats of files and provides secure, controlled access to your documents and files with highly customizable permission settings and a robust digital rights management system.
When choosing a data room provider, be sure to look into their customer support as well as the number of reviews they have received on review sites that are popular, such as Capterra. Look for a VDR with live customer support and a user interface that is graphic and in several languages. Find a VDR that allows you to upload data in bulk and will instantly revoke your access, even if files have already been downloaded.
A free trial is another thing to consider. Also what is the duration of the trial last? You must ensure that you have enough time to try out the software and be sure that it’s a great match for your business. A virtual data room provider that has multiple payment options will help you not be tied into a costly service as your business grows. In addition, a virtual data room service with a robust search capability can assist you in finding your documents.