What is Ethosdata Data Room?
Ethosdata is a secure data room for storage of mission-critical documents and materials, as well as collaboration and safe data access. This is a perfect solution for M&A, due diligence, audits, revisions, and other important business tasks. The data room provides its users with the whole gamut of features for work with corporate documents: they can be previewed, downloaded, edited, shared, sent, and so on. Ethosdata virtual data room puts a heavy focus on corporate users, and its special corporate packages make it a very cost-effective option. It is available as a cloud platform, so no installation is required.
Functionality of Ethosdata
The list of virtual data room services is impressing. Its customers enjoy:
- Support of numerous data formats;
- Drag-and-drop uploading of several files;
- 256-Bit data encryption;
- document access expiration;
- data backup;
- virus scanning;
- filtering and search parameters;
- graphic reports.
The advantages and disadvantages of Ethosdata Data Room
Being an advanced data room Ethosdata has a lot of merits, but do they overweigh the cons? Let’s check out whether this provider is suitable for your company and tasks:
| Pros |
Cons |
| Supports all platforms (iOS, Android, Mac, Windows). Comes as a SaaS, cloud, or web solution. |
Lack of collaboration tools |
| Easy to use, even for beginners. |
No document tagging – it complicates the search |
| Responsive and user-friendly customer support. Assistants can be contacted 24/7 via phone and email. |
Pretty high starting price ($425 for the Basic package) |
| This data room guarantees the unbeatable protection of documents. |
If your employees are not tech-savvy enough, you may need to contact the customer support to solve some security issues – it’s a bit complicated task. |
| Simple auditing and detailed graphic reports. |
Additional software should be downloaded to manage some additional features. |
| Role-based permissions allow establishing access for authorized users only. |
Daily report timing cannot be customized. |
Judging by numerous reviews, this data room for M&A is a perfect solution for both internal and external business tasks. It guarantees secure and safe file storage and provides users with a myriad of data management features. So if you’re searching for an easy-to-use, efficient data room Ethosdata is exactly what you need.