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Virtual Data Room Providers are online storage facilities for the storing and sharing of business documents. They allow from this source users to collaborate with others, monitor and control access to files. Businesses from a variety industries can utilize them to share sensitive information with people outside of the firewall. When choosing the best VDR, there are many aspects to consider in addition to the cost, ease of use and customer service.

Citrix ShareFile is an online collaboration and file sharing solution that offers a number of security features to safeguard sensitive information. There are watermarks and e-signatures as well as downloading tracking and the ability for users to deactivate their access once a file has been downloaded. It also comes with a complete mobile app and is compatible with Windows, Mac, iOS and Android devices.

The platform is used in law firms as well as investment banks, real estate, biotech, pharmaceutical and fund companies. It supports various document formats and offers multilingual search, OCR document preview, as well as smart AI categories to simplify navigation and help users find the information they need. It also provides a variety of integrations.

This cloud-based VDR was designed to be easy to use. It is used primarily for M&A due-diligence as well as asset sales, real estate transactions, fundraising and much more. It is clean and intuitive design that allows users to organize their projects into unlimited workspaces. Users can upload files and create folders in 25 different formats. Advanced search and filtering options allow users to easily locate documents.