The top virtual data rooms offer advanced features that can be used for a variety of transactions like M&A, business audits, IPOs and restructuring. These features enable you to manage projects more efficiently and generate higher deal value. The most essential features include detailed analysis, an easy interface, easy collaboration and an easy pricing system.

Be sure to read the reviews from trusted sources before you decide on the VDR. Also, check the site of the vendor and contact their support team to determine whether they can answer your questions or provide onboarding process. You should also check whether a company is certified by credible security organizations and is compliant with GDPR, CCPA HIPAA and SOC 2 requirements.

One of the best UK-based VDR providers is iDeals Solutions, which offers secure virtual document management as well as intellectual property protection and a flexible pricing. The software is used by all types of customers, from small non-profits to large corporations. Customers are extremely satisfied with the iDeals digital data room, which can be used to support various business processes, such as due diligence, M&A, and business audits. The platform is user-friendly with a simple interface with a wide range of options, such as deep analysis, drill-downs, and a full audit trail that improve the awareness of projects and aid in making more informed decisions. Moreover, iDeals Solutions provides 24/7 assistance and customer service. Its customers can request a limited, individually discussed trial Deal Flow for free to test the capabilities and features of the platform.