Fordata is one of the top VDR software providers. It is able to support M&A transactions, and it offers outstanding usability and security. It has a feature called intelligent redaction, which quickly analyzes and detects patterns to protect sensitive and personal data. It also allows for streamlined handling processes using a dashboard in real-time and with heatmaps. Its cloud storage is ISO 27001-compliant and its EU servers follow industry-leading security measures. It also has a document and spreadsheet viewer with drag and drop upload capabilities, NDAs on-click, and automated indexing.
It also offers a range of encryption protocols that allow for user control and audit trails to prevent data breaches. The two-factor authentication feature requires users to verify their identity using a code before they can access the VDR. Its permission controls are granular, ensuring that only authorized users can view or edit sensitive documents. It also has an email feature with security that lets users send or receive sensitive documents via an encrypted link.
It is a reliable VDR that is utilized by professionals to manage and share documents and projects. It has a strong platform that can handle huge volumes of data and it is easy to navigate for both novice and experienced users. Its features include an easily customizable virtual interface, an advanced search, and a document management system that allows you create folders and subfolders. It is customizable to meet specific requirements and is suitable for a variety of industries. It also gives a two-week trial for no cost.
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