Data room service providers offer an encrypted platform for sharing documents and information. This is essential to all sorts of business processes. When it comes to M&A, due diligence, project management and other projects that require secure file sharing the use of a virtual data space can make the process more efficient by reducing the chance of confidential information becoming lost.
When selecting the right VDR, it’s important to look at the features offered by various virtual data room providers. One good place to start is looking at the software review platforms where you can read what other users have to say about various products of different vendors. Look for features like multi-factor authentication, granular access to permissions as well as security impersonation (including mobile device management) dynamic watermarks, and expiration of documents.
Modern providers have emerged in the last few years and offer some of the most efficient solutions for data room. These vendors use new business models and technology innovations to provide a cost-effective price without sacrificing security or control. These vendors are ideal to mid-sized companies and investment banks that need more features but don’t want the high cost of traditional providers.
Intralinks is a leader among the latest generation of VDR providers. Its platform is used to facilitate more than the course of 6,000 transactions per year, helping clients share, manage and monitor transactional documents as well as speed M&A due diligence, and support strategic collaboration. Intralinks can help clients improve post M&A integration, deal pipeline management and post M&A integration. The service provides a robust intuitive interface with a clean design. It’s a great choice for both small and large companies.