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The best dataroom software provides a secure, efficient environment to share important documents and information with an even wider audience. It could include features like drag-and-drop file uploading and text search functionality. It also has the ability to monitor and track user activity, which could help from a management standpoint.

This software is used for restructuring, M&A, due diligence and other projects. Key features include a fast upload speed, the SmartLock feature that allows revoking access to documents even after they’ve been downloaded built-in redaction, DocuSign integration, and dedicated project managers.

SoftwareReviews proudly announces FirmRoom, IDeals Virtual Data Room, and Firmex Virtual Data Room as 2019 Best Data Room Software Award winners based upon their independent assessment of real-world user feedback. Each product is evaluated in all critical categories, and then rated using feedback from users.