If you require a secure way to communicate important information to partners, investors and other stakeholders, data room software provides an effective, convenient solution. Virtual data rooms (VDRs) that are often used in M&A and due diligence deals provide a secure location for sharing documents and discussing them. This will speed up negotiations and help close deals.

When evaluating VDRs, you should consider features like security certificates, user authentication and management of files. You should also consider the options to customize, app availability and cost.

This VDR solution enables users to access the platform from any device, be it an iPad or desktop computer, smartphone or a browser. It offers a simple, user-friendly interface as well as advanced security features. Users can view and download any format of files, use a built-in electronic signature, and even add notes to files using annotation. The granular controls for sharing enable users to keep an exclusive circle of friends, with options that restrict downloads and uploads. It also supports a range of languages and enables high-quality previews of files.

Firmex is an online VDR solution with a wide variety of security options, including password-protected sharing and an extensive control of access to users through digital rights management. Firmex also has a customizable user interface and unlimited accounts for clients and partners. Its robust search capabilities include multilingual support, OCR, intelligent categories, and content file translation. Furthermore, it lets you to build a branded virtual data room for each project. It provides a no-cost demo, remote app wiping, and exclusive file scans to guard against ransomware.