Virtual data rooms (VDRs) that offer top-of-the-line security and robust functionality are a great option to make deal transactions easier. They provide secure document storage and various other essential document-related services, such as contracts management tools, and more. Many are designed to facilitate due diligence by providing features like a custom folder system, a viewer that scrolls through and automatic indexing.

The trick is to focus on the right features to meet your needs. For example, if you require a solution to one additional reading project, you should consider one with simple folder structure that will keep your documents easily accessible and organized. Or, if you need the solution for a long-term deal, choose a provider that has an extensive Q&A module, real-time activity tracking, and full audit trails.

Review reviews from customers on independent review sites to determine which software is the most suitable. Seek out testimonials from customers about the software’s performance in different scenarios, such as speedy due diligence secure collaboration on sensitive projects and the quality of support.

Intralinks Virtual Data Room Edition allows for over 6,000 high-risk transactions each year. They vary from M&A due diligence to fundraising and partnership negotiations. The software provides a nimble workspace that allows stakeholders to work together with anyone, anywhere and using any device. And with robust security features, like private servers, external security audits, secure data processing practices and vulnerability management, it enables organizations to meet compliance and security requirements. It also helps them streamline their workflows in order to maximize the return on investment.