Data Room Software Overview
A virtual dataroom (VDR) offers the security of a platform to store sensitive business documents and information. Data room software is commonly used to facilitate information sharing between multiple parties during due diligence procedures prior to M&A. VDRs also allow collaboration on projects and allow remote access via cloud storage. They are a great option for collaborating on complex deals.
FileCloud is an online data room that has a lot of power. It provides a high level of security with automatic unlimited versioning, secure encryption and much more. Furthermore, the solution supports multi-tenancy for enterprises of all sizes. FileCloud allows the creation of multiple sites/tenants each with their individual access settings and roles.
The platform comes with an easy-to navigate interface that includes drag-and-drop and bulk upload options, a central data structure that organizes uploaded files dynamic watermarks that display a customized message when printed or viewed and granular controls like share expiry for sensitive files. Other features include integrations with popular software and services like Microsoft Office and Slack.
Firmex is a sophisticated VDR that can be used by many companies. It’s ideal for complex processes like diligence, and provides a range of third-party integrations, which make collaboration easier between businesses. 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 many security certifications such as ISO 27001, SOC 1/2/3, and GDPR.
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