Fordata is a highly rated VDR software provider that can support M&A transactions and offers outstanding security and usability. Intelligent redaction is an option which scans and detects patterns of information quickly to protect personal and sensitive data. It also helps streamline processes using a dashboard in real-time and heatmaps. Cloud storage is ISO 27001 compliant and its EU-based servers practice industry-leading security practices. It also features the ability to view documents and spreadsheets, a spreadsheet viewer, drag-and-drop see this upload capability, on-click NDAs, and an automated indexing system.

It also has a variety of encryption protocols such as user access control and audit trails to prevent data breaches. The VDR’s two-factor authentication system requires users to prove their identity by entering an identification code. The granular permissions controls ensure that only authorized users have access to view or edit sensitive documents. It also includes an email feature that is secure and allows users to send or receive sensitive documents via a secure link.

It is an efficient VDR that is employed by professionals to manage and share documents and projects. It has a sturdy platform that can handle large volumes of data, and is simple to use for both novice and experienced users. Its features include an easily customizable virtual interface, a sophisticated search feature, and a document management system that allows you to create folders and subfolders. It can be customized to meet specific needs and is suitable for many industries. It also gives a two-week trial period free of charge.