A virtual dataroom is an extremely secure platform that allows for the exchange of confidential information and documents. It is perfect for due diligence, M&A transactions, raising capital, and much more. Unlike free file sharing tools dedicated VDRs provide powerful tools such as Q&As and document versioning to keep the deal moving along and your data safe.
Audit trails can be a useful way to track all user activities and ensure compliance. Restriction of sensitive data access depending on roles, and access rights that can be revoked. Avoid data breaches by providing an audit trail which traces every user’s actions so that any differences can this hyperlink be traced back to their origin.
Utilize smart full-text search to locate files quickly within the virtual data room. Create folders for files using logical categories and tags to ensure that users can easily locate specific documents. Utilize an interface for multilingual users to let users collaborate in the language they feel most comfortable with. Facilitate collaboration by utilizing answers coordinators that let experts send questions and answer them directly without revealing their PII or email address. Directly send questions to right experts and monitor them using detailed analytics.
Guard confidential information by securing it with fence view. This feature prevents unauthorised access to documents or images by only showing a specific portion when the user hovers their cursor over them. The rest is hidden behind a watermark that includes the email address of the recipient and their IP address to discourage leaks and increase the possibility of tracking.