The best dataroom software provides an efficient, secure environment for sharing important documents and other information with more people. Its features could include multiple document formats, drag-and-drop uploading, as well as text search functionality. It can also monitor and track the user’s activities, which can be beneficial from a project management perspective.
This software is used to manage M&As, restructuring due diligence, restructuring and other projects. Its key features include a quick upload speed, a SmartLock feature that allows revocation of access to documents even after they’ve been downloaded, built-in 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 review of real-world user reviews. Each product is evaluated against every critical category and scored based upon customer feedback.