The best virtual data room is a secure platform where you can transfer business files to stakeholders quickly. It supports more than 25 file formats, has drag-and-drop uploading, high-quality previews and advanced activity tracking. It can also merge the contents of several files into a single PDF file, thereby streamlining the management of projects. With a design that can be customized and 256-bit bank-level encryption, you can rest assured that your data is safe. The customer support team is available via chat, email and telephone. You can also pick the Business plan for extended premier support and faster response times.

The biggest use case of virtual data rooms is M&A transactions which involve multiple parties who need to look over a large number of documents within tight timeframes. However other industries, like healthcare and biotech, also depend on VDRs to oversee projects and work with clients remotely.

When you are deciding on a VDR make sure to ensure you review the reviews. You can find reviews on the site of the company or third-party websites like Trustpilot and Software Advice. Also, check the opinions of employees regarding the company on Glassdoor.

Onehub’s secure room for deals has a user-friendly interface and lets you customize it with your company’s logo and colors. It is equipped with a range of security features like encryption of data and two-factor authentication as well as digital watermarking. User reviews laud the fact that it can handle a lot of information and is easy to install.

www.happydataroom.com/when-do-you-need-a-secure-data-room/