Secure Online Data Rooms Solutions
A virtual data room (also known as a VDR, electronic data room or deal room) is an online platform designed to facilitate the safe storing and sharing of confidential the benefits of due diligence software in legal compliance and auditing business data during M&A, capital raising, IPOs, due diligence and business audits, litigations, etc. This software solution is highly specialized and offers multiple features to ensure that unauthorised access is prevented. This includes customized advanced rights security, password protection, security impersonation granular to the user (granular user identity) dynamic watermarking, as well as fence view.
VDRs, unlike less sophisticated platforms like email, Google Drive, and Dropbox can keep track of every document’s activity on their platform. This means that you can always know who, what time and from what IP address has accessed which document. You can also see the amount of time someone has spent browsing through documents.
This is an important feature to consider when choosing the best virtual data room provider. A reputable online data room provides an excellent level of security for sensitive documents. This is especially important in manufacturing transactions as the nature of these documents might not be readily apparent to all parties.
Ansarada Deals is a powerful online data room that combines ironclad security and an intuitive platform to facilitate serious sharing. This makes it easy to collaborate and share documents during M&A due diligence, corporate restructuring, capital raising and other high-risk results. Schedule a demonstration to learn the many features this software solution provides.