A virtual data room is click here for info an extremely secure platform that provides a safe storage space to share confidential documents and other information with outside parties. It is perfect for due diligence, M&A deals, raising capital and more. Unlike free file-sharing tools, dedicated VDRs offer power tools like document versioning and Q&A that help you keep your deal moving forward and your data secure.

Ensure compliance and track the actions of all users by establishing robust audit trails. Access to sensitive data is restricted is based on roles of the user, and permissions that can be revoked. Data breaches can be prevented by conducting a full audit of the entire user’s actions.

Utilize full-text search to swiftly locate files in the virtual dataroom. Sort files into logical folders and tags to make it easier for users to locate specific documents. Utilize a multilingual interface that allows users to collaborate in their native language. Answer coordinators improve collaboration by allowing experts to submit questions and answer them without divulging their PII. Direct questions to appropriate experts and track their progress with precise analysis.

Protect sensitive data with fence view. This feature limits unauthorized viewing by only showing a small portion of the screen when a user moves their cursor over the image or document. The rest of the screen is hidden behind a watermark that includes the IP address of the recipient as well as email to discourage leaks.