Fordata is one of the most reputable VDR software providers. It supports M&A transactions, and provides excellent security and usability. It comes with a feature known as intelligent redaction that analyzes and detects patterns to safeguard personal and sensitive information. It also aids in streamlining the process of dealing by providing a live heatmap and dashboard and also manage Q&A sessions in the VDR. The cloud storage it offers is ISO 27001-compliant, and its EU servers adhere to industry-leading security measures. It also includes a document and spreadsheet viewer Drag and Drop upload capabilities, NDAs on-click, and an automated indexing.
It also offers a range of encryption protocols, user control and audit trails that help prevent data breaches. The VDR’s two-factor authentication requires users to confirm their identity by entering a code. The granular permissions controls ensure that only authorized users can access or modify sensitive files. It also includes secure email features that lets users send or receive sensitive documents using a secure link.
It is a reliable VDR that is used by professionals to collaborate and manage documents and projects. It has a robust platform that can handle large volumes of data, and is easy to navigate for both experienced and novice users. Its features include a custom virtual interface along with advanced search options, and a file manager that allows users to create folders and sub-folders. It is suitable for a variety of industries and can be tailored to meet specific needs. It gives a free two week trial period.