Virtual Data Room Providers provide online repositories to store and share business documents. Users can collaborate, monitor and Virtual Data Room Providers control file access. Companies in a variety of sectors can make use of VDRs to share confidential information with other parties that are not within the firewall. There are many factors to consider when selecting a VDR provider, such as price, ease of use, and customer support.
Citrix ShareFile, an online collaboration and file-sharing service offers a range of security features that protect sensitive data. These include e-signatures, watermarks, tracking downloads, and the ability to deactivate access even after a file has been downloaded. It also comes with a complete mobile app that works with Windows, Mac, iOS, and Android devices.
The platform is used by law firms, investment banking, real estate biotech and pharmaceutical companies and funds. It supports different formats of documents and provides multilingual search, OCR document preview and smart AI categories to ease navigation and aid users in finding the information they require. It also supports a range of integrations.
The cloud-based VDR is designed to be simple to use and is mostly used by small and mid-sized firms for M&A due diligence assets sales, M&A due diligence real estate transactions, fundraising, and many more. It is a simple, intuitive interface that allows users to organize their projects into unlimited workspaces. Users can upload files and create folders in 25 different formats. Advanced search and filtering capabilities help users locate documents.