https://dataroomsolutions.org/choosing-the-best-data-room-provider-a-comprehensive-guide/
The best virtual data rooms are compliant with security standards. They allow users to be granted granular rights and features such as dynamic watermarks that stop printing, saving, and copying which makes it hard for cybercriminals and hackers to gain access of confidential documents. Companies that share documents with third-parties, whether for M&A or fundraising, require the right tools to guard sensitive data and keep business operations running smoothly.
There are many options when it comes time to select a virtual dataroom. However the majority of these providers don’t provide the features that businesses require. Read reviews on trusted software review sites to see if the company offers the functionality that you need for your transaction. You can also look into other services that are often included with the virtual data room.
Some of the best-known virtual data room providers are traditional, with a history that goes back to pre-Internet days and a well-known name. These include RR Donnelley, Intralinks and Datasite. They are regarded as feature-rich and were specifically designed for M&A because due diligence is a procedure that requires lots of scrutiny of documents. They are generally expensive and might not be able to satisfy the requirements of smaller transactions.
Other providers are more ingenuous and innovative. Firmex is a good example of a rising star which offers the usability and security of larger players while offering the cost-savings of a start-up. This provider is trusted across a wide range of industries. It has advanced user settings and an ISO 27001 certificate, as along with other conformity protocols. Users will also appreciate its simple interface and straightforward functions.