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SmartRoom VDR Review

SmartRoom VDR
Our score: 8.3 User satisfaction: N/A

What is SmartRoom VDR?

SmartRoom VDR is an efficient and next-generation virtual data room software that provides a win-win solution to all the parties involved in various business transactions and events such as mergers and acquisitions lifecycle management, capital raising, regulatory reporting, investor reporting, fundraising, loan syndications, NPL (non-performing loan) or RPL (reperforming loan) sales, and due diligence.

Also known as NextGen VDR, SmartRoom VDR functions as a deal management, file sharing, and collaboration tool used by companies, firms, and teams to store and share data, information, and documents in the cloud, perform their processes and tasks more efficiently, and improve their ROI.

SmartRoom VDR is implemented on the Microsoft Azure Platform. As a result, users are ensured that their data are secured and protected. In addition, the software applies a multi-layer security approach, providing high-level encryption, intrusion detection, and vulnerability scanning.  The features that are included in SmartRoom VDR are document sharing, remote document detonation, data synchronization, alerts, and reporting.

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Overview of SmartRoom VDR Benefits

Work On Microsoft Office Documents Online

There is no doubt that a lot of files and documents are produced using Microsoft Office applications and programs. With SmartRoom VDR, users can work on Microsoft Office files and documents on a single ecosystem. This means they will be able to edit, modify, and collaborate on those files and documents without the need to leave the platform. Because SmartRoom VDR is a web-based application, they can do all their document management tasks online or in the cloud.

Generate Secure Links And Share Documents

SmartRoom VDR makes sure that users are able to easily share files and documents with their teammates, investors, prospects, and other stakeholders. The software solution permits them to distribute files inside and outside their organization by generating shareable URL links. In other words, only those persons who have access permissions and rights can unlock and use such links and access the files and documents being shared.

Automated And Intelligent Synchronization

The virtual data room software also delivers an auto-sync feature, which means the data, files, and documents that are stored in desktop computers are instantly synchronized with the data, files, and documents organized within the virtual data room and vice versa. So, when users make changes to a document found in the virtual room, those changes are automatically updated on the document saved in their computer. Likewise, if they edit the document on their desktop computer, the modifications will instantly reflect on the document contained in the virtual data room.

Enhance Security Through Remote Detonation

SmartRoom VDR offers a unique feature called SmartLock. This feature allows users to gain full control over their data, files, and documents wherever they reside, even if they are downloaded by someone outside their organization. So how does this feature work? SmartLock lets users detonate or destroy documents remotely. This is made possible even if the document has already been downloaded. This prevents the illegal or unauthorized access and distribution of sensitive and confidential data and documents.

Document-Level Access Permission And Control

SmartLock, however, is not only the security feature available in SmartRoom VDR. In fact, users and their administrators can grant and restrict permissions when it comes to viewing, storing, and editing documents. They can do this in the document level, which means they can restrict access to specific documents based on their type or how confidential they are.

Advanced Data Room Reporting

A virtual data room is a digital venue or  environment where most collaboration sessions and activities occur. Thus, a good virtual data room solution must provide a way so all sessions or activities conducted within the data room are tracked. Fortunately, SmartRoom VDR has advanced data room reporting capabilities that permit users to generate reports so they can insights into the actions and activities being performed by their teammates and stakeholders within the data room as well as understand and review the things they are discussing about. These reports can be customized and scheduled as well. If they want to drill down to the details of a report, SmartRoom VDR makes that possible too.

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Overview of SmartRoom VDR Features

  • Microsoft Office Online
  • Easily Share Documents
  • Generate Secure Shareable Links
  • Data Synchronization
  • Remotely Detonate Documents
  • Document-Level Security
  • Advanced Reporting and Alerts

SmartRoom VDR Position In Our Categories

Knowing that companies have special business needs, it is only rational they avoid purchasing a one-size-fits-all, “perfect” software system. Just the same, it would be futile to come across such an app even among well-known software products. The correct step to do would be to note down the several important aspects that entail investigation such as crucial features, costing, technical skill levels of the users, company size, etc. After which, you must perform your product research fully. Go over some of these SmartRoom VDR analyses and check out each of the applications in your list in detail. Such well-rounded product research can make sure you take out mismatched software solutions and buy the system that meets all the function your company requires to be successful.

Position of SmartRoom VDR in our main categories:

TOP 50

SmartRoom VDR is one of the top 50 Virtual Data Room Software products

If you are interested in SmartRoom VDR it may also be beneficial to examine other subcategories of Virtual Data Room Software listed in our database of B2B software reviews.

Every business is different, and might need a special Virtual Data Room Software solution that will be adjusted to their company size, type of customers and employees and even individual niche they cater to. You should not count on finding a perfect services that is going to work for every company regardless of their history is. It may be a good idea to read a few SmartRoom VDR Virtual Data Room Software reviews first and even then you should keep in mind what the solution is supposed to do for your company and your workers. Do you require an easy and straightforward solution with only essential functions? Will you really use the advanced tools required by experts and large enterprises? Are there any particular features that are especially beneficial for the industry you operate in? If you ask yourself these questions it will be much easier to get a solid app that will match your budget.

How Much Does SmartRoom VDR Cost?

SmartRoom VDR Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

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What are SmartRoom VDR pricing details?

SmartRoom VDR Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

SmartRoom VDR’s SMB and enterprise pricing plan information is available only upon request. Please contact a sales rep, and request for a quote.

User Satisfaction

Positive Social Media Mentions 0
Negative Social Media Mentions 0

We realize that when you decide to buy a Virtual Data Room Software it’s crucial not only to find out how professionals rank it in their reviews, but also to check whether the actual people and companies that bought it are genuinely satisfied with the service. Because of that need we’ve designer our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and SmartRoom VDR reviews across a broad array of social media sites. The information is then presented in an easy to digest way showing how many customers had positive and negative experience with SmartRoom VDR. With that information at your disposal you will be equipped to make an informed business choice that you won’t regret.

Video

Technical details

Devices Supported

  • Windows
  • Linux
  • Mac
  • Web-based

Deployment

  • Cloud Hosted
  • Open API

Language Support

  • English

Pricing Model

  • Quote-based

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

What integrations are available for SmartRoom VDR?

SmartRoom VDR seamlessly integrates with Microsoft Office applications and Microsoft Azure Platform.

SmartRoom VDR User Reviews

SmartRoom VDR average rating:

Average score
5/5 (1 user reviews)
5/5

Overall impression

5/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

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More reviews from 1 actual users:

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Excellent 24/7 support team and unparalled document security

Read full review >
Anonymous Reviewer
5/5

Overall impression

5/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Published on: 25.02.2021 Company Size: N/A Industry: N/A

PROS: Platform is thoughtfully designed from the UI, uploading files, granular security permissions, Q&A, realtime reporting and graphical statistics for activity reports, ability to work on multiple folders in one tab to support with mobile applications.

CONS: None so far

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SmartRoom VDR user reviews

Excellent 24/7 support team and unparalled document security

Read full review >
Anonymous Reviewer
5/5

Overall impression

5/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Published on: 25.02.2021 Company Size: N/A Industry: N/A
Louie Andre

By Louie Andre

B2B & SaaS market analyst and senior writer for FinancesOnline. He is most interested in project management solutions, believing all businesses are a work in progress. From pitch deck to exit strategy, he is no stranger to project business hiccups and essentials. He has been involved in a few internet startups including a digital route planner for a triple A affiliate. His advice to vendors and users alike? "Think of benefits, not features."

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