Virtual data rooms (VDRs), with their top-of-the-line security and robust functionality, are a great way to facilitate deal transactions. They offer a secure document repository, and a variety of other document services such as eSigning tools as well as contract management software and more. They are also designed to make it easier and faster to accelerate due diligence using features such as a customizable structure for folders, a scroll-through viewer with automatic indexing, as well as the ability to set permissions in granular ways.

Consider the features that are most important to you. If you’re looking for a solution to manage a single project, look for one that offers a simple system of folders to organize documents. If you are looking for a solution to manage a project that is ongoing, choose a vendor that has a robust Q&A feature, real-time tracking of activities, and audit trails.

Find the most suitable software by reviewing customer feedback on independent review platforms. Find testimonials from users about the software’s performance across various situations, such as streamlined due diligence and secure collaboration on sensitive projects, and the quality of support.

Intralinks’ Virtual Data Room Edition facilitates more than 6,000 high-risk transactions every year, ranging from M&A due diligence to fundraising and partnership negotiation. The solution offers a dynamic workspace that lets stakeholders work together with anyone, anytime and using any device. Additionally, with robust security features additional reading such as private servers and external security audits secure data processing practices and vulnerability management, it enables organizations to comply with security and compliance requirements. It also helps them streamline their workflows to increase the return on investment.