Box is essentially a platform for enterprise content management, what it does is solve complex and simple challenges alike; this covers bumps along the road in accessing and sharing files on devices to more refined business transactions like retention and data governance. Box has been in a player in the industry since 2005 and it has successfully helped people in secure data, get the job done faster and collaborate with relative ease; among the preferred services is the Box data room. Now, Box has more than 41 million registered users alongside 74,000 businesses; these businesses include 59% of those ranking in Fortune 500.
Box Data Room
If we are to consider everything by the book, Box isn’t technically a virtual data room provider, but it might as well be thanks to the Business on Box platform. But what is it, you ask? The Box interface, which should be outright familiar for users of Dropbox as well as other relevant freemium service providers, and accompanies it with other features are were especially designed for improved security and simpler collaboration. Among the features is Smart decisions, it was added because the people behind Box know all too well that mergers and contract negotiations are already challenges in themselves. With the sheer volume of documents being passed back and forth during the entire bidding process, there’s simply no room for errors and delays. Hence, due diligence is streamlined through a secured virtual data room.
Comprehensive reporting is a handy feature which facilitates an easier monitoring of file usage and user activities. After some time, a better visibility on the behavior of potential clients can be developed to the point that deal outcomes become predictable. A big plus on the side of customer branding, clients can add their colors and logos to the interface for a more professional and personalized touch.