When choosing a virtual data room ensure that it has easy-to-use interfaces that support the most popular file formats and come equipped with in-platform viewing capabilities. The best VDRs also provide support for customers to assist in resolving any issues that might arise during the due diligence process. It is important to select one that supports your industry, so that you can benefit from features specific to your industry and improve collaboration.

Created for global banking and M&A, Intralinks offers sophisticated data management and streamlined procedures that guarantee top-of-the-line security for confidential documents stored within its online portals. Its automated setup with pre-configured workflows and control enable users to get up running quickly. Granular permissions and controls also ensure that only those who have the right to access information are able to access the data. Mobile access and 24/7 support make it an ideal alternative for M&A teams that travel.

Datasite Diligence is a leading solution for M&A. It integrates security and collaboration to streamline deals and enhance M&A workflows. Its AI tools help streamline the due diligence process by automating tasks, categorizing and redacting data and revealing insights into bidder behavior and motives. Users can also count on rapid responses to questions and central task tracking to remain organized throughout the deal.

Digify was founded in 2011 and claims to be the simplest data room that is available. It offers instant installation and basic features such as drag-anddrop bulk-uploads security displays and custom NDAs. Digify also supports external integrations, 2-Factor authentication, and notifications.

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