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Data Room Software Overview

Data Room Software Overview

A virtual dataroom (VDR) offers an secure storage platform for important business documents that are time-sensitive and also information. Often used for due diligence processes prior to M&A Data room software allows information sharing between multiple parties. VDRs can also be used to support collaboration and remote access to cloud storage. They are a great choice to collaborate on complex deals.

FileCloud is an extremely secure online data room solution. It provides a high degree of security through automatic unlimited versioning, secure encryption and more. The solution also can support multi-tenancy for companies of all sizes. FileCloud allows the creation of multiple sites/tenants, each with their own access settings and roles.

The platform comes with a simple interface with drag-and drop and bulk upload options as well as a central indexing system that arranges uploaded files into an organized data structure, dynamic watermarks that display a customizable message on every document when they are viewed or printed and granular controls such as sharing expiry dates for sensitive documents. Other features include integrations with well-known software and services like Microsoft Office and Slack.

Firmex is a sophisticated VDR that is suitable for many businesses. It can be utilized in complicated processes such as diligence and offers a variety of third-party integrations for collaboration between businesses. It also possesses a ‘fence view’ feature that blacks out portions of the file so personally-identifiable information remains private and prevents screenshotting. The solution is backed by extensive a knockout post security certifications like ISO 27001, SOC 1/2/3, and GDPR.