A virtual data room is an ultra-secure platform that gives you a secure repository to exchange confidential information and documents with external parties. It is perfect for due diligence, M&A transactions, raising capital, and other. Contrary to free file-sharing software, dedicated VDRs provide powerful tools such as Q&A and document versions that help you keep your deal on track and keep your data safe.
Audit trails can be a useful method to monitor all user activities and ensure compliance. Restrict access to sensitive information according to user roles and permissions that can be revoked. Data breaches can be prevented through a complete audit that shows every user’s actions.
Use full-text search to quickly locate files within the virtual dataroom. Create folders for files using logical categories and tags so that users can easily find specific documents. Use a multilingual interface which lets users collaborate in their native language. Streamline collaboration with answers coordinators that allow experts to ask questions and respond directly without revealing their PII or email address. Directly forward questions to the appropriate experts and track them with precise analytics.
Protect sensitive data by securing it with fence view. This feature blocks the unauthorised access to documents or images by only showing a tiny portion of them when the user hovers his or her cursor over them. The rest of the screen is covered by a watermark that includes the IP address of the recipient as well as email to discourage leaks.