Sharevault Data Room Review

Among the many similar virtual data room platforms, ShareVault occupies a special place. If you are still undecided about which platform is the most trustworthy, we invite you to learn more about this service.

 How is ShareVault different from other similar services?

The vendors of ShareVault present their product as a comprehensive one for companies of various sizes. Thanks to its functionality users are able to:

  • organize the storage and exchange of documents not only within the company but also with third parties;
  • conduct risk and due diligence assessments;
  • share corporate documents;
  • gather analytical data about the number, type, and time of operations with documents, which are performed by each user.

The platform can be used by companies with different business specifics. The risk assessment and due diligence option deserve special attention. It can be used not only to check the performance of business partners but also to identify possible internal risks. This option will be appreciated by representatives of the financial, banking, and audit fields.

Additionally, the use of ShareVault ensures the highest level of document security. This is facilitated by:

  1. Tiered architecture. The virtual room servers are located in a private virtual cloud, so the accounts of different clients do not overlap. The quality of the security provided by ShareVault is confirmed by international certificates in this area (such as FedRamp Moderate, ISO 90001/27001/27018, and others).
  2. Multi-step authentication. Each user is given a unique login and password. However, in order to log into the system, it is also necessary to enter a one-time code that is sent to the user’s device.
  3. A branched encryption system. At rest, documents are protected with a key system, preventing them from being accessed via the server-side of the virtual room. The administrator can also provide individual users with client-side encryption keys.
  4. Intergroup privacy system. It allows the administrator to expose or hide activity history from other users. For example, user A may not see who viewed or used document 1 this morning.

ShareVault easily integrates with various enterprise services – for example, Dropbox, OneDrive, SharePoint, and others. This makes it easy to use without too much effort or special knowledge.

What else do I need to know about ShareVault?

A virtual data room from ShareVault would be an excellent solution for companies that devote a lot of time to due diligence processes, economic and financial risk verification, and due diligence, which become especially demanded during times of reorganization.

Several packages are available for clients:

  • ShareVault Express;
  • ShareVault Pro;
  • ShareVault Enterprise.

The exact cost of each is available from our consultants. Before purchasing, a free trial period can be used to evaluate the functions and features of the virtual room in advance.

The platform is popular with users. Its strengths include good customer support, value for money, functionality, and ease of use. The downside is that instructions are often confusing, but the technical support and tutorials will make it easier to solve this problem.

If you still have doubts about whether the ShareVault data room suits your company, we recommend using the free version of the platform. This way you can experience its functionality firsthand and appreciate its strengths.