Virtual data rooms (VDRs) are secure platforms for sharing and storing important project documentation. They are used for due diligence in M&A transactions, litigation, real estate transactions, and case file management.
VDRs protect sensitive information by granting strict permissions, which ensure that www.kellyhansonmarine.com/ nobody can access your files unless you want them to. They can also assist in compliance with regulatory requirements, thanks to detailed activity tracking and custom reports.
When selecting a VDR be sure to choose one with features that support your industry and project needs. For instance, some VDRs provide the “favorites” feature that lets users mark files and folders as favorites for quicker access. Some have infinite scrolling, which drastically reduces the number of clicks required for reviewing documents. And, some have dynamic watermarks which display the user’s name and IP address every time they open or download the document.
Certain VDRs not only increase productivity by incorporating collaboration tools, but also make it easy to import projects and data from other tools into the platform while keeping their folder structure intact. This is particularly beneficial in the case of migrations or combining digital tools into a single system. Some VDRs also offer an unlimited annual subscription instead of a one-time transaction. This can help improve the predictability of budgets as well as return on investment.
For an exhaustive list of features and more, take a look at Digify’s complete VDR solution. Start with a free 30 day trial to experience the benefits of sharing. Then, contact us to schedule a demo of our unique VDR solution made with your company’s needs in mind.
