A virtual data room is a highly secure platform that offers a secure repository for sharing confidential information and documents with outside parties. It is perfect for due diligence, M&A transactions, raising capital, and many other. As opposed to free file sharing programs dedicated VDRs provide powerful tools such as Q&As as well as document versioning to help keep the deal moving forward and your data safe.
Audit trails are a great way to track all user activities and ensure compliance. Restrict access to sensitive information based on user roles and permissions that can be revoked. Data breaches can be avoided with a complete audit of the entire user’s actions.
Use full-text search to efficiently locate files in the virtual dataroom. Create folders for files using logical categories and tags to make it easier for users to locate specific documents. Use a multilingual interface which lets users collaborate in their native language. Improve collaboration with answers coordinators that let experts submit questions and reply directly without revealing their personal information or email address. Send questions directly to the right experts and track them using detailed analysis.
Guard confidential information with fence view. This feature prevents unauthorised access to documents and images by only showing a specific portion when the user moves the cursor over them. The rest of the screen is covered by a watermark that includes the recipient’s IP address as well as email address to stop leaks.
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