Today Box is one of the most user-friendly and convenient VDR vendors. Thanks to the experience of offering file-sharing services, Box knows how to provide users with the best online storage ever that will be secure and easy to navigate.
The service requires no plugins and allows viewing the documents via a browser. Also, there are applications for iOS and Android. The software can be installed on-premise or just used as a cloud-based tool.
Users can upload files in bulks by merely dragging and dropping them in the virtual data room. Additionally, there is in-document linking and scroll-through viewer to make the work with documents more smooth. Also, the service is integrated with Microsoft Office to improve the interaction with the data room.
It is easy to find the needed file, too. Search by a name and content, optical character recognition, filtering by parameters – all these features are available and working perfectly well.
The data room is entirely customizable – the administrator can add corporate colors and the brand logo to the interface. There is no custom domains and invitation letters. However, the login page and agreements for accessing the data room are customizable. Additionally, users can integrate this deal room with other business tools through APIs.
The Box data room is accessible from all the devices from desktop to mobile. The interface is adaptive, so the service looks the same on all screens. It makes the interaction more streamlined and simple. Although, we should say that it is vital for modern software to have an adaptive interface.
Considering that it is easy to access the virtual repository, Box implemented numerous permission levels to give administrators complete control over the situation. Thus, admins can set the amount of access for each user making sure sensitive documents remain protected from unauthorized use. Administrators can even prohibit commenting and limit the number of files the user can download.
When it comes to interaction between users, Box doesn’t lack tools. Sides can communicate through the Questions and Answers module and direct messages. Users can leave notes to folders and files to ask or tell something. Also, all members of the data room will get email notifications when the new document is uploaded to the virtual repository.
Even though this provider offers a very straightforward and easy to use tool, users still might experience certain difficulties sometimes. That’s why Box provides customers with 24/7 accessible support team you can contact via phone, email or live chat. Also, there are live trainings to help new users to figure out the processes. And if you need more help, a dedicated project manager will go through deals with you. The support team can speak seventeen languages. But unfortunately, Hindi is not on the list.
You should note that Box is not sufficient for post-merger, restructuring, hedge funds, private equity, and procurement management.