Companies are often required to share sensitive data with employees or professionals, whether it’s lawyers reviewing contracts accounting firms conducting audits or compliance auditors who are checking for data leaks. In these situations, a virtual data room (VDR) can protect sensitive files and provide secure ways to share information. The majority of vendors offer free trials that allow you to test the top VDR providers. They provide a wide array of features, pricing and security solutions.
When choosing a VDR the most important aspect to consider is the security level. Choose a vendor that has an array of security certificates, including FedRAMP and FINRA. Ensure that the VDR can also recognize text in a variety of file formats, and can scan and transform PDFs into searchable files.
Accessibility of the VDR across various operating systems is a further aspect to take into account. A modern and reliable platform should be able to support iOS and Android phones, Windows or macOS desktops and Linux servers. It should also offer options for data hosting locations and physical storage.
If you’re in the market for a VDR provider, look over its reviews from both external and internal sources. Choose a vendor with an established track record in the industry and a significant number of positive reviews on third-party platforms like Trustpilot or Software Advice. Be sure to check out reviews of employees on sites like Glassdoor. They can give you a better understanding of a company’s ethics and culture.
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