It’s more complicated than simply uploading files into cloud systems to make a virtual data room. Customers must make sure they’re selecting a reliable, efficient and effective tool that has all the necessary features to make the process easier and protect sensitive data from theft or unauthorized access. It’s not a problem to compare different options for data rooms if you know what to look for.
Comparing data room solutions starts with knowing what each company offers and how they can provide these features to their customers. Begin by comparing the number of customers are satisfied with a particular vendor and their overall experience. Consult reviews posted on review platforms such as Capterra or G2 to get this information. Reviewers tend to be unbiased and candid about their experiences with specific vendors, so you can get an idea of whether the vendor is suitable for your company.
When comparing data rooms when comparing data rooms, it is important to compare the security features provided by every vendor. This includes multi-factor authentication, granular user permissions, mobile device management and more. Some vendors provide advanced security features that surpass the basics, including expiration of documents, IP and time restrictions and many more.
Request demos and free trials from any potential vendors who seem promising. This will give you the opportunity to test the software for yourself and learn how it works to meet your specific business requirements prior to signing any agreements or contracts.