Virtual Data Room providers in 2021

Saturday, 27 November, 2021

The Box Virtual Data Room Provider

box virtual data room,

The Box data room is software for managing and storing your content online. The key feature that Box provides is the ability to share files with other users. As a modern solution for modern people, Box data room integrates with various popular software products. As of 2021, it has a per-feature pricing structure.

The Box data room is compliant with:

  • General data protection regulation (GDPR)
  • GxP
  • The Financial Industry Regulatory Authority (FINRA)

And it’s certificated with:

  • FIPS 140-2 (This Federal Information Processing Standard)
  • SSO (Single sign-on)
  • ISO 27001
  • SOC2 (Security Operation Center)

The Box data room also provides AES 256-bit encryption and two-factor authentication for high-level security for your sensitive data.

The interface is available in multiple languages to provide a comfortable user experience for international clients. Now, the Box ShareFile data room is available in Dutch, Japanese, English, French, Swedish, Spanish, Italian, and German.

Features

The Box data room provides both security-based and non-security-based features:

  • Collaborations
  • Backups
  • Audit trail
  • Compliance tracking
  • Remote access and control
  • Text management tools
  • Encryption
  • Messages
  • Reporting and analytics
  • Task management
  • Document editing
  • API
  • Document converting
  • Customization of logo

Best for

Box virtual data room is a great solution for human resources, finance, marketing, engineering, and legal services.

Besides, the Box VDR is widely used by nonprofit, government, and private organizations. It is a good solution for small, medium, and large businesses. It’s widely used for due diligence, M&A, and corporate restructuring. 

Pros and cons of the BOX VDR

Just like many other software solutions on the market, Box data room has its strengths and weaknesses. Based on user reviews, we’ve identified the following.

Advantages:

  • training and webinars
  • access to the knowledge base
  • mobile versions for Android and iOS
  • desktop version for Windows and Mac
  • 24/7 support
  • 14-day free trial
  • low price
  • possibility for branding
  • integration with Security Information and Event Management (SIEM) tools
  • multilingual interface
  • watermarking tools

Disadvantages:

  • no Linux version
  • not capable of monitoring all document viewers
  • file size limitation — between 250 MB & 5 GB depending on account subscription