A virtual data room is a highly secure platform that provides a safe storage space to share confidential documents and other information with external parties. It is perfect for due diligence, M&A transactions, raising capital, and much more. Contrary to free file-sharing software, dedicated VDRs provide powerful tools such as document versioning and Q&A that will help keep your deal on track and keep your data safe.
Audit trails are an effective method to monitor all user activities and ensure compliance. Limit access to sensitive data according to user roles and permissions that are able to be removed. Prevent data breaches with complete audit trails that documents all user actions so that any differences can be traced back to their origin.
Utilize 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 find specific documents. Utilize a multilingual interface that allows users to collaborate in their native language. Answer coordinators streamline collaboration by permitting experts to submit questions and answer them without divulging their PII. Send questions directly to the most discover here appropriate experts and track their progress with detailed analytics.
Protect confidential data using fence view. This feature blocks unauthorized access to documents and images by only showing a small portion of them when the user hovers the cursor over them. The rest of the screen is hidden behind a watermark which includes the recipient’s IP address and email to discourage leaks.
