Many companies need to share sensitive data with outside professionals or employees – whether it’s lawyers reviewing contracts, accounting firms conducting audits or compliance auditors examining for leaks in data. In these cases a virtual data room (VDR) can be a great way to protect sensitive files and provide secure sharing. Most vendors offer free trials that let you test the top VDR providers. They offer a broad variety of features, pricing and security features.
The most important thing to consider when choosing the right VDR provider is the security measures of the platform. Select a vendor that offers a variety of security certifications such as FedRAMP and FINRA. Check that the VDR can also detect text in various file formats, and transform PDFs into searchable files.
Another factor to consider is the VDR’s accessibility across different operating platforms and devices. A modern platform should be able to support iOS and Android smartphones, Windows or macOS desktops and Linux servers. It should also have options for hosting and storage locations.
In the end, when you’re looking for a VDR provider, make sure to check its reviews from both internal and external sources. Choose a VDR company that has a solid track record and a significant number of positive reviews on third-party platforms, such as Trustpilot or Software Advice. Make sure to read employee reviews on websites like Glassdoor. They will give you an insight into a company’s culture and ethics.