The most reliable dataroom software offers a secure, efficient environment for sharing important documents and data with an even wider audience. It can include features like drag-and-drop uploading of files and the ability to search for text. It also allows you to keep track of and monitor the user’s activity, which is useful from a project-management perspective.
The software is used for due diligence, M&A, restructuring, and various other projects. The main features are a fast upload speed, an SmartLock feature that allows revocation of access to documents even after they’ve been downloaded integrated redaction, DocuSign integration, and dedicated project managers.
SoftwareReviews proudly names FirmRoom, IDeals Virtual Data Room, and Firmex Virtual Data Room as 2019 Best Data Room Software Award winners based on their own evaluation of real-world user reviews. Each product is evaluated in all the critical categories, and then rated by the feedback of customers.