A virtual dataroom (VDR) lets you share business documents online with clients and partners. It helps businesses streamline their deals by eliminating the need to physically deliver sensitive information. However, not all VDR providers are made identical. To select the best one, it’s essential to evaluate the features and costs. This article will provide a guide to evaluate the top VDR providers on the basis of their security measures, deployment options as well as customer service.

When shopping for the best VDR, consider how the software will protect your files and records. A quality VDR comes with various layers of security including access control, 2-factor authentication, and encryption. It will also enable you to monitor user activity with reports that display every download and upload. Compliance certifications are crucial, as they prove the vendor’s commitment to comply with the highest standards in the industry.

Box is a great choice for small-sized businesses seeking an easy-to-use VDR solution. This inexpensive program offers secure collaborative features and a central repository of documents as well as real-time analytics. It is compatible with numerous operating systems and devices. However, it does not include the features that are required for large-scale M&A transactions.

CapLinked is an all-encompassing cloud-based VDR that is geared towards large and mid-sized companies. It is well-known for its powerful set of due diligence and data management tools and offers flexible pricing dependent on the project’s requirements. It also comes with a vast collection of templates to make it easier for various types of transactions.