A virtual dataroom is a secure platform that allows for the exchange of confidential documents and information. It is perfect for due diligence, M&A deals, raising capital and more. In contrast to free file-sharing tools dedicated VDRs offer power tools like document versioning and Q&A that help you keep your deal on track and keep your data secure.
Audit trails are a powerful method of tracking all user activity and ensure compliance. Access to sensitive data is restricted depending on roles, and permissions which can be revoked. Data breaches can be avoided by conducting a full audit that documents the entire user’s actions.
Use full-text search to quickly find files in the virtual dataroom. Organise files using logical folders and tags to ensure that users can easily find specific documents. Utilize a multilingual interface that lets users collaborate in their native language. Answer coordinators streamline collaboration by allowing experts to submit questions and answer them without disclosing their personal identifiers. Direct questions to expert in question and track their progress with detailed analysis.
Guard confidential data by using fence view to protect confidential data. This feature prevents unauthorized viewing by only showing a portion of the screen when a user moves their cursor over the image or document. The rest is hidden behind more tips here a watermark which includes the recipient’s email address and IP address to discourage leaks and improve the traceability of documents.