The best dataroom software provides an efficient, secure environment for sharing important documents and information to an even wider audience. It may have features such as drag-and drop file uploading and text search capabilities. It can also track and monitor the user’s activities, which can be useful from a perspective of project management.
This software is commonly used for due diligence, M&A, restructuring, and various other projects. The main features are a fast upload speed and the SmartLock feature that permits revoking access to documents even after they’ve been downloaded integrated redaction, DocuSign integration, and dedicated project managers.
SoftwareReviews has announced FirmRoom, iDeals Virtual Data Room and Firmex Virtual Data Room the 2019 Best Data Room Software Award Winners in a unbiased evaluation of user reviews. Each product is evaluated against all critical categories and scored based on customer feedback.