The best virtual data room is a secure platform to transfer business files to stakeholders easily. It supports more than 25 file formats and offers drag-and-drop uploading along with high-quality previews and activity tracking. The software is able to combine several documents into one PDF file to simplify project management. You can be sure that your data will be safe with a customizable design, 256-bit encryption and an e-banking design. Its customer support team is accessible via chat, email and phone. You can also pick the Business plan to get assistance and faster response times.

Virtual data rooms are most frequently used in M&A transactions. This is due to the fact that there are multiple parties involved who need to examine a variety of documents within a short period of time. However, other industries, like healthcare and biotech, also rely on VDRs to manage projects and work with clients remotely.

Before you select a specific VDR ensure that you official source ensure you read its reviews. You can find reviews on the website of the service provider or on third-party sites such as Trustpilot and Software Advice. Visit Glassdoor to see what the employees think of the company.

Onehub’s secure deal room features an easy-to-use interface and allows you to customize your workspace with your organization’s logo and color. It offers a variety of security features, such as encryption of data and two-factor authentication as well as digital watermarking. Its user reviews praise its ability to handle a lot of information as well as its easy setup.