Intralinks’ data room solutions allow companies to collaborate and share data effectively in M&A deals and any other scenario where complex transactions are processed, and document exchanges are required. This is made possible with advanced software technologies that utilize modern data encryption methods.
In this article, we’ll provide you with a full review of Intralinks’ solutions for businesses, so you can decide whether it’d be the right choice for your company.
What is Intralinks?
Intralinks Holdings, Inc. is a company that was founded in 1996 in New York City. The company provides inter-enterprise content management and collaboration solutions, specifically by offering virtual data rooms that allow multiple business parties to exchange information and business files in a secure, controlled, and collaborative virtual environment.
In November 2018, SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) acquired Intralinks, for a total acquisition cash value of $1 billion, in addition to $500 million in SSNC shares.
The Intralinks platform is particularly valuable in M&A (Mergers and Acquisitions) projects, where a due diligence process is usually required. It allows for the efficient exchange of large files across advisors.
Intralinks is one of the oldest virtual data room providers in the industry, with a long history that spans over 3 decades. However, Intralinks’ pricing structure is slightly higher than the average in the industry.
There’s no pricing information on the company’s website since you can only get a quote by contacting the Intralinks support team to provide you with a customized package based on your business requirements and budget. You can do that through live chat, phone, or a web form.
Nevertheless, its virtual data room products are available in 3 tiers to suit the needs and budgets of all businesses, including Mergers & Acquisitions (M&As), Intralinks for Alternative Investments, and Intralinks for Banking and Securities.
Intralinks offers a wide range of solutions for businesses to go through their deal-making processes securely and efficiently. Here’s how Intralinks can be beneficial to your organization.
Features and benefits by use case
Intralinks can add value to your business in a multitude of ways depending on the use case.
Bankruptcy and restructuring
With Intralinks data room and Active Directory Integration solutions, managing bankruptcy and restructuring deals is much more efficient. Bankruptcy and restructuring deals are often time-constrained. Not to mention, the massive number of documents involved can be overwhelming.
With VDRPro, parties can focus on selling assets or developing restructuring plans and let the computer software handle the repetitive tasks that would otherwise take hours to execute manually on a daily basis.
Furthermore, VDRPro maximizes the efficiency of debtor-in-possession and asset sales.
Accessing critical top-management files and reports is fundamental for the success of any company. With the Intralinks data room, board members can securely and easily access key information from anywhere in the world with a unique documents ID and a specific upload date. These include meeting minutes, financial statements, and pre-meeting packages.
Since such reports usually contain sensitive, confidential corporate information, it’s a priority to ensure that only the intended people can access them. That’s exactly what an Intralinks data room is capable of achieving.
Business development and licensing
Business licensing deals consume plenty of resources.
Whether licensing is for funding clinical operations, research and development projects, or market expansion plans, minimizing costs and transaction times, keeping information access under good control, and securing future deals are vital.
With Intralinks data room, you’ll be able to identify potential licensing partners, make workflow management agreements, pinpoint out-license product candidates, conduct due diligence, and manage alliances, all through a secure channel that makes unauthorized access or distribution a virtually impossible occurrence.
Initial Public Offerings (IPOs)
Through solid partnerships with some of the world’s leading financial printers, Intralinks provide an easy all-in-one solution for businesses, with full IPO listing and shareholder communications services that make protecting their capital markets transactions easier and more accessible.
Features and benefits by industry
Intralinks has a dedicated set of solutions for multiple industries.
The Intralinks data room for the energy sector features preset workflows accompanied by real-time insights. Setup is done automatically, and there’s a Zoom integration tool that enables you to conduct due diligence for M&A deals securely from any spot on the globe.
Intralinks also has a dedicated service team for the energy industry. With the company’s innovative solutions for the energy sector, you’ll be able to prevent power failures and organize large documents.
Complex financial transactions are inevitable in the life sciences industry. Whether you run or are part of a pharma, healthcare, medical devices, or biotech organization, Intralinks’ data room solutions can help you be more productive, accelerate licensing, raise capital, and boost your alliances by leveraging a standardized information-sharing system for all parties.
On top of that, Intralinks’ VDRPro will streamline your M&A due diligence process and eliminate cost and time waste.
Legal transactions can be extremely complicated, even the seemingly straightforward ones. Legal teams are usually constrained by tight deadlines, which require fast review and exchange of documents.
Using Intralinks VDRPro, you can centralize the storage of legal documents and only allow access to specific people. It also enables you to pinpoint your most interested buyers.
Intralinks DealVision automatically classifies files and recommends them based on your questions, while AI Redaction allows for a more streamlined workflow with machine learning that seamlessly identifies basic data elements such as addresses and file names.
Best ways to use the Intralinks VDRPro data room
Do you want to get the best out of Intralinks’ VDRPro data rooms? Here’s how to use them effectively:
- Ensure that deal documents are organized and can be accessed easily beforehand
- Analyze and manage files with advanced AI tools
- Generate detailed reports
- Check how your data room will appear to other uses with the View as Other User function
- Control access to files and edit permissions
- Retract documents with information rights management using the one-click Unshare feature
- Customize your files with watermarking
- Effectively and securely invite other users in a streamlined fashion
- Name and upload large numbers of files and folders efficiently with a simple drag and drop function
- Import and assign questions effortlessly with Q&A integration
How does Intralinks compare to other leading virtual data room companies?
When it comes to virtual data rooms, there are three critical features to look for: security, efficiency, and ease of use.
In terms of security, iDeals’ and Box’s virtual data rooms beat Intralinks’ VDRPro because they’re equipped with a secure file viewer, which VDRPro lacks. Many users also found iDeals’ and Box’s virtual data rooms to be easier to use than VDRPro.
However, the three platforms are pretty much on par with each other in terms of efficiency.
On a side note, keep in mind that Intralinks isn’t available for Mac devices.
Generally speaking, the Intralinks reviews and overall rating is considered positive, particularly in the finance industry. Users praised its efficiency, claiming that it’s the software’s biggest positive, while others criticized the way Intralinks deals with major product failures from their end, claiming that it only cares about monetizing customers.
Nevertheless, the company managed to claim multiple high-profile awards, including the Quality Choice Award and the Trusted Vendor Award. These are enough to steer clients from other competitors, even with the current price differences.
The following are some testimonials from company experts regarding Intralinks’ solutions:
“Intralinks will never be a bottleneck in the deal process. Instead, it speeds everything up while keeping your deal secure and compliant.” – Fernando Vallejo Lázaro, Head of IT and Management Systems, Globalvia.
“Intralinks allowed us to capitalize on market conditions and achieve the best possible price for our company.” – Kelley Maggs, Senior Vice President and General Counsel, Pinnacle Foods Group, LLC.
“We selected Intralinks and were extremely happy with the outcome. This simplicity and ease of use was reinforced by the positive feedback we received from investors throughout the process.” – Luke Stephens, associate director, private capital syndicate, Corporate & Institutional Banking, NAB.
“It’s been secure. It never crashes. And it’s always there when we need it.” – Franchise & Licensing Operations Team Leader, McDonald’s China.
“I am keenly aware that Intralinks has been a great help in improving quality of service in communication with investors, in terms of security, convenience and efficiency.” – Manager, Operations Department, Trust Capital Co., Ltd.Visit Website