When selecting a virtual room pick one that has an easy-to-use user interface which can support the most well-known formats for files and comes with integrated viewing capabilities for all platforms. The best VDRs also provide customer support to help you resolve any issues that might arise during the due diligence process. When selecting a VDR, it is helpful to select one that has support for the particular industry you work in to benefit from industry-specific functions and streamline collaboration and speed up processes.

Intralinks specifically designed for global banking and M&A offers sophisticated data management, as well as efficient processes that provide top-of-the line protection for confidential documents shared on its online portals. Its automated setup, preconfigured workflows and controls enable users to get up running quickly. Its extensive permissions and controls also ensure that only those who have the right to access data can access it. With access to mobile devices and 24/7 customer support, it’s also a great choice for mobile M&A teams.

Datasite Diligence is a leading solution for M&A. It brings together security and collaboration to simplify deals and enhance M&A workflows. Its AI tools facilitate due diligence by automating tasks, categorizing and eliminating it, while also providing information on bidder behavior and motivations. Users can also count on quick responses to queries and central task tracking to remain organized throughout the transaction.

Established in 2011, Digify claims to offer the simplest data space available, with quick setup and basic features such as drag-and-drop bulk uploads, security features customizable NDAs, as well as granular access. The platform also supports external integrations, 2-Factor Authentication and also notifications.

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