A secure dataroom is a platform that allows files to be shared during due diligence in M&A transactions. It’s a quick and simple method for buyers to look over sensitive information without having go to the office of the seller.

The most common use case for the use of a secure data room is M&A due diligence where buyers are required to look over a variety of confidential documents. Information such as board meetings, corporate contracts, investment banking discussions and other sensitive information can be contained in. While free file-sharing services such as Box and Google Drive can be convenient but they don’t have the range of security features that are required for sharing sensitive business documents like audit trails and passwords.

When looking for a provider of a secure dataroom, make sure you look for security certificates and a comprehensive list of features. Make https://www.surveydataroom.com/compare-sharevault-vs-ideals sure the service offers high-quality encryption methods as well as granular user access rights, document and user activity tracking 2FA, IP restriction, and customizable reports.

Intralinks VDR is a top virtual data room that combines functionality speed, security, and speed with a user-friendly interface. The platform simplifies workflows, streamlines organization, and manages access. It is a trusted platform for corporate events, including M&A due-diligence, by a multitude of service providers. It is a safe mobile application, an easy to navigate interface for all devices, and document printing and downloading, all with IRM security. It is highly customizable, with customisable workspaces, and a unified project portal that allows collaboration on large-scale projects.