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This provider offers a virtual data room full of essential features that can make the file management and document-heavy processes much simpler. Despite that Sharevault is a VDR tailored for life science and financial services, other industries also can use it as the software is rather versatile. The customers of this vendor are using it for basic processes such as due diligence and document maintenance, as well as for complex deals such as mergers and acquisitions, fundraisers, licensing, asset sales, and so on. Moreover, Sharevault can be used as a board portal.
As you can see, this provider is rather versatile. Will it satisfy your needs? That’s for us to find out in this review.
What is Sharevault about?
This provider focuses on security more than Sharevault’s competitors — at least, that’s what the vendor says on its website. It offers a secure architecture of servers providers by Amazon AWS. All servers are protected according to RackSpace recommendations and security standards. Moreover, RackSpace provides round-the-clock support for Sharevault as it monitors the network for any threats.
Sharevault has all the certificates required by various industries for maximum protection. And to eliminate the human mistake, this provider has implemented two-step authentication that requires a user to enter a code sent via a text message to the phone of this person or via some authenticator app.
Besides keeping its servers and therefore user storages secure, Sharevault also guarantees the high availability of its services. That means that your virtual data room won’t go down at the most crucial moment of the deals. The provider implements updates to servers and software without creating downtimes for its customers.
Collaboration features and Sharevault’s pricing
This provider supplies users with all the standard features of a virtual data room including the remote shred, granular permissions, dynamic watermarks, expiration date for user access, and secure printing. Additionally, admins can close files from copy-pasting, screenshots, and printing into PDF. Heat maps and audit trails provide businesses with insights into the behavior of invited parties, and the IP address tracker will let admins see the locations of users.
Companies can customize this data room with their corporate branding and mark files with tags for simpler search. Sharevault also offers full-text search and smart filters that will let users locate documents quickly.
This provider offers two pricing plans and a 10-day trial which we advise you to use to test this virtual data room.