Works great for Deals
Use Cases and Deployment Scope
We use Progress ShareFile to store Closing Books after completion of an M&A transaction internally and with shared accounts with our clients. We also use ShareFile to upload and then to distribute Closing Books after completion of an M&A transaction when ZipFile distribution is too large to send in an email to specific recipients.
Pros
- User friendly
- Provides option to send via email or in a link
- Easy to change the authorized recipients
Cons
- Keep the links available forever without an expiration
- Allow users to access a link without registration
Likelihood to Recommend
Progress ShareFile is well-suited for distributing a large volume of documents that would not otherwise fit in an email or for secure messaging options. ShareFile is not as appropriate or user friendly to utilize as a data room for an M&A transaction because it does not have as many tools as other options.
