A virtual data room is an extremely secure platform that gives you a secure repository for sharing sensitive documents and data with outside parties. It is ideal for due diligence, M&A transactions, raising capital, and much more. Unlike free file-sharing tools, dedicated VDRs provide powerful tools such as Q&A and document versions that help you keep your deal on track and keep your data secure.
To ensure compliance, track the activity of all users with audit trails that are thorough. Limit access to sensitive data based on user roles and permissions that are able to be revoked. Protect against data breaches by creating an audit trail that demonstrates all user actions so that any discrepancies can be traced back to the source.
Use full-text search to efficiently find files in the virtual dataroom. Arrange files with logical folders and tags so that users can easily find specific documents. Use an interface for multilingual users to let users collaborate in the language they are most comfortable with. Streamline collaboration with answers coordinators that allow experts to submit questions and reply directly without revealing their email address or PII. Instantly forward questions to expert in question and track their progress with detailed analysis.
Guard confidential data by using fence view. This feature prevents unauthorised access to documents or grievance-tracking.com/blogging-vs-vlogging-which-is-better images by only showing a small portion of them when the user hovers his or her cursor over them. The rest of the screen is concealed behind a watermark, which includes the recipient’s IP address as well as email to discourage leaks.