Data Room Software Overview

A virtual data room (VDR) is an online secure platform for the storage and sharing of time-sensitive documents as well as business information. It is often used for due diligence processes prior to M&A Data room software allows information sharing between different parties. VDRs also support collaboration on projects and provide remote access to cloud storage. They are an excellent option for collaborating with complicated deals.

FileCloud is an online data storage space which offers plenty of power. It offers high levels of security, which includes automatic unlimited versioning and secure encryption. It also supports multi-tenancy, which is ideal for companies of all sizes. FileCloud allows the creation of multiple websites or tenants each with its individual access settings and roles.

The platform comes with a simple interface with drag-and-drop and bulk upload options and a central indexing system that organizes uploaded files in an easy-to-understand data structure dynamic watermarks which display a customizable message on every document when they are viewed or printed and granular controls such as sharing expiry on sensitive documents. Other features include integrations with popular software and services, such as Microsoft Office and Slack.

Firmex is a sophisticated VDR that is suitable for a variety of companies. It’s suitable for complicated processes like diligence, and offers a variety of third-party integrations to make collaboration between companies easier. It also possesses a ‘fence view’ feature that blacks out portions of the file so personally-identifiable information remains private and prevents screenshotting. The solution is backed up by numerous security certifications, including ISO 27001, SOC 1/2/3 and GDPR.

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