Currently you can find lots of software technologies like VDR solutions for info rooms on the market. They may differ in terms of features offered, price, level of customer support, etc. Below are three of the most commonly used VDR solutions. You can use them in any field of activity, regardless of the type of scale. Review the information below to make the right decision.
This provider has been active since 2008 and continues to have a leading position in the VDR technology market. This solution is popular in most industries, but is mostly used by investment banks, licensing agencies and real estate agencies. The main reason for its popularity is the simple and intuitive interface. It is not overloaded with control buttons, so it will not take you and your colleagues a long time to get used to it.
It takes no more than 20 minutes from the moment of registration to full distribution of the virtual room functionality. At the same time, you do not need deep technical knowledge for this. The platform allows you to work with a large number of files in different formats simultaneously. When uploading, the computer room software automatically assigns watermarks and numbers to all files.
At iDeals, you can choose from a variety of safety protocols. Thanks to comprehensive customization, you can be sure that your business, financial and other info is stored securely and is not prone to info leakage. With detailed reports, you can perform analyzes, track changes in the info room and see who is logged in and how much time is spent on the platform. The service is also available on all mobile devices, making it ideal for work on the go.
DealRoom is a practical tool that brings all project stakeholders together in a controlled environment. With VDR you can perform due diligence operations in total safety. You can easily collaborate with third parties by providing access to specific documents. With VDR you can work with most available file formats and download them in unlimited quantities. The revolutionary feature of this computer room provider is that it uses machine learning, which makes it easier to perform the same type of tasks and reduces the number of errors.
Clinked is a modern cloud-based collaboration solution for every project. With its help, you can unite all team members in one environment, perform checks, keep logs, collaborate with third parties and much more. The Clinked customer portal itself can be customized and marked to suit your needs. The provider offers to use both the online version and download official mobile apps for Android and iOS.
The platform offers an advanced level of safety that supports 256-bit info encryption and customizable SSL certificates. With two-factor authentication and role-based access, you do not have to worry about information leakage or unauthorized file access. In addition, this solution offers JotForm, Google Workspace and other integrations.
Who Uses VDRs?
Although virtual computer space is a widely used software, there are industries that can not stay competitive without this solution. Some of them are listed below.
Business development. As companies grow, they are often faced with the need for a solution that can help structure info and establish interaction with all members of the company. In this case, VDRs allow you to identify major info trends that may have been implicit before.
Technology. Technological intelligence has always been directly linked to large amounts of info that must be hidden and transmitted securely. VDR technology makes it possible to tackle this task in a short time and over any distance.
Private equity and venture capital. Private equity and venture capital firms handle multiple agreements simultaneously. This increases the load and conventional file storage may not be able to handle this task. Computer room services, in turn, help to structure info, prioritize and plan tasks. All this can be done from anywhere in the world with just a mobile phone.
The investment bank. In this case, info safety has priority. VDRs are commonly used in IPOs, capital raising, mergers and acquisitions, etc.