The best data rooms are those that have a comprehensive set of features that facilitate collaboration between parties in an agreement. Some of the most important features are security, user-friendly and support for various file formats. Other must-haves are granular permissions and auditing. These tools can help you manage an enormous project or a smaller one.

SecureDocs is a virtual dataroom used for M&A. It is easy to set-up and has been designed with the intention of streamlining processes. Users can upload large amounts of files using a drag and drop tool. It has an easy user interface. It also allows you to arrange files into indexes and folders. It supports multiple languages, and comes with advanced search features that can detect exact and partial matches. It also reads emails from PST, EML, or MSG files.

iDeals is a different VDR that is a robust tool that enables businesses to collaborate without hassle. It offers a user-friendly dashboard and doesn’t require the installation of any plugins. It’s also compatible with a range of formats for files and boasts ample storage space. Its collaborative office suite is a further benefit and includes programs like Docs (word documents), Slides (presentations) Sheets (spreadsheets), and Forms.

Dealroom is an intuitive user-friendly, user-friendly virtual space designed for M&A and other deals. It comes with a variety of tools to streamline the due diligence process and eliminate inefficient practices. It also offers a flat-fee for unlimited users and data. It also comes with a powerful, yet simple search engine that can scan for keywords or identify image tags in order to give you precise results. It also has the ability to watermark images, which prevents users from taking advantage of sensitive information.