The Best Data Room Software

Apart from sharing and storing files Data room software offers more advanced features for managing documents. These tools are designed to speed up due diligence in business transactions and enhance collaboration across remote teams. They are typically used as part of the due diligence process for M&A and IPO projects. The best ones have high-end security measures and control measures that are perfect for sensitive transactions.

FirmRoom, a virtual data room that is highly rated by FinancesOnline and offers a simple and user-friendly interface, was awarded an Rising Star. It streamlines M&A and elevates processes for global capital market and banking transactions. It comes with a variety of options, including lifetime data security with highly-managed permissions, as well as advanced IRM. It’s also suited to a wide range of industries that have renowned users like Pfizer and Baird.

Nimbus Platform is a secure cloud-based storage and sharing platform that includes collaborative office suite programs including Docs (word documents), Slides (presentations) Sheets (spreadsheets) and Forms (collaborative forms). It’s equipped with advanced searching options, visual analytics, and DRM to guard against accidental disclosure. It’s a trusted tool for security, IT and compliance managers of more than 3,800 enterprise companies.

This software for data room offers an array of integrations, including popular apps such as Slack, Salesforce, and Adobe Sign. New customers can avail of a no-strings-attached free trial. It can also be customised for your business, with an easy to use API with a device-agnostic sync and support for multiple languages. It is also equipped with a robust security system, such as a proprietary security system that guards users against ransomware.