The most reliable dataroom offers an efficient, secure environment to share important documents and other information. It may have features such as drag-and drop uploading of files as well as text search functionality. It also allows you to track and monitor the user’s activities, which can be important from a management perspective.

This program is often used for due diligence, M&A, restructuring, and other projects. The main features are a fast upload speed, an SmartLock feature that permits revoking access to documents even after they’ve been where to use the virtual data room downloaded integrated redaction, DocuSign integration, and dedicated project managers.

SoftwareReviews has identified FirmRoom and the iDeals Virtual Data Room and Firmex Virtual Data Room the 2019 Best Data Room Software Award Winners in a unbiased evaluation of user reviews. Each product is evaluated in all the critical categories, and then scored using feedback from users.