Extra resources

Data room providers provide the security of sharing documents and other information. This is essential for all types of business processes. Virtual data rooms can be extremely beneficial in M&A due-diligence, due diligence, project management, and other projects requiring secure sharing of files. They decrease the risk that confidential information could be lost.

When selecting when choosing a VDR, it’s important to take a look at the features offered by various vendors. You can start by looking at review sites for software which allow you to read the opinions of other users about the products of different vendors. Look for features like the ability to grant permissions in granular ways, multi-factor authentication security impersonation (including mobile device management) dynamic watermarks, and document expiration.

Some of the top data rooms come from modern providers that have emerged in recent years. These companies employ new business models and technological innovations to offer a price point without losing security or control. They are particularly suited to small-sized businesses and investment banks that require more capabilities than smaller businesses, but don’t want to pay the high cost of traditional providers.

One of the leaders in the latest generation of VDR providers is Intralinks. Its platform facilitates more than 6,000 deals a year, helping clients share and manage transactional documentation which speeds up M&A due diligence and facilitate strategic collaboration. Intralinks can help clients improve post M&A integration as well as deal pipeline management and post M&A integration. With a clean, simple interface and a robust feature set, this provider is an excellent choice for both small and large companies.