Popular Data Room Providers
Virtual deal rooms are expanding rapidly and there are a variety of companies that offer high-tech platforms to store documents for businesses online. However, not all VDRs are created equal and some are more suitable for certain types of transactions or industries. Some of the more popular providers of data rooms include iDeals, Intralinks, Firmex, Watchdox, Box, and Ansarada (for freelancers).
These platforms allow users upload and move large files and arrange them in an indexing feature or directory indexing. They also provide a range of security options, including timeouts and auto-expiration, reports on file activity, as well as restrictions on printing, viewing and saving files. These features make VDRs an excellent choice for processes that require diligence and compliance. Some also come with the ability to sign in with one login and have multilingual access to allow team members to collaborate.
Another crucial aspect to take into consideration is the availability of customer support. Find out when the support is available and whether it’s via email or phone, tickets, live chat or live chat. It is best to choose a company that provides 24/7 customer service. This will allow you to get answers quickly and easily should you have any questions.
iDeals is an established virtual data room provider that has been in business for more than 14 years. Deloitte and American Airlines are among its clients. The secure platform of the company is simple to use and can be customized to match your company’s logo. It also has questions and answers section that encourages collaboration between teams.
