When selecting a data room, it is essential to choose a vendor that is suited to the requirements of your business. You must make sure that the platform you choose is industry-specific and complies with regulatory standards. You should look for features that allow you to manage documents and upload large quantities of files. You can also set permissions, track activity, and set permissions. Consider the pricing model as well as the capacity of storage. Some virtual deal room offer a trial period for free however others charge based on features or storage size.

A virtual comparison review of the deal room can help you decide the best software for your company. The best vendors are those that have high ratings on Capterra and have a proven track record of success. Look for a virtual room with user-friendly functions and a team of support specialists. A reputable service will provide 24/7 support and respond to your inquiries.

The most well-known VDRs include SecureDocs, Intralinks and Merrill Datasite. SecureDocs is a simple resource solution that claims to be one of the fastest in the business. Its immediate setup is a huge selling feature. It is highly praised for its ability handle large file sizes. Users have reported that it lacks mobile apps and may be extremely slow when dealing with heavy workloads.

Intralinks has been a leader in the field for more than 12 years. Its reputation for security is based on its advanced security measures, which include encryption and authentication. It is used by a range of renowned companies, including DuPont, Starbucks and L’Oreal. It has a rich set of features that include video upload and integration with Zoom, as well as Q&A functions based on roles. Some users complain about inefficient reporting tools, as well as a lack of customization options.