A virtual data room is a secure platform that provides a safe repository to exchange confidential documents and information with outside parties. It is perfect for due diligence, M&A transactions, raising capital, and other. As opposed to free file sharing programs, dedicated VDRs offer powerful tools such as Q&As as well as document versioning to help you keep the deal moving along and your data safe.
Audit trails are an effective method of tracking all user activity and ensure compliance. Access to sensitive data is restricted dependent on user roles and access rights that can be revoked. Avoid data breaches by providing complete audit trails that documents all user actions, so that any ambiguities can be traced back to the source.
Use smart full-text search to locate files quickly within the virtual data room. Organise files using logical folders and tags to make it easy for users to locate specific documents. Use a multilingual interface which lets users collaborate in their native language. Facilitate collaboration by utilizing answers coordinators that allow experts to send questions and answer them directly without revealing their personal information or email address. Directly route questions to the right experts and monitor them with precise analytics.
Secure confidential information with fence view. This feature blocks the unauthorised access to documents and images by only showing a specific portion when the user moves the cursor over them. The rest is hidden behind a watermark that includes the recipient’s email address and IP address to prevent leaks and improve the possibility of tracking.
