Data Room Comparison
A virtual dataroom (VDR) is an electronic repository that allows you to store and share sensitive documents in a secured environment. It is usually used for due diligence during M&A transactions, but it could be useful in a variety of other business operations.
VDRs generally offer a variety of advantages over traditional storage options, such as simple document sharing and viewing, security, and effective collaboration. They allow businesses to securely share data with third-parties without compromising privacy or security. To choose the best virtual data room for your company search for a vendor with a wide array of features and meets industry-specific requirements for compliance.
Top virtual data room providers provide a variety of features to allow collaboration between parties, simple access at all times, and a dedicated team of support agents who are ready to help whenever needed. They also offer granular access settings, which allows you to restrict who can view and download files within the data room.
DiliTrust for instance has more than 500 customers which include BMW Burger King and Sanofi. It is one of the cheapest options for data rooms starting at $25 per month for a 30 day period. It is designed to ease the M&A process by providing a secure user interface that is easy to use and offers a range of options, including an upload feature that can be accessed via drag-and-drop and a customized NDA and a thorough reporting dashboard. It is also compatible with desktops as well as mobile devices. You can try the platform for free.