Virtual data rooms are secure platforms that let you share and organize important documents related to your project. They are commonly utilized for due diligence in M&A litigation, litigation, patent management, real estate transactions, case file management, and more.
VDRs are designed to safeguard sensitive data by granting strict permissions. This guarantees that no one will view your files, unless you. They can also help with compliance with regulatory requirements, due to the detailed activity tracking and customizable reports.
When choosing the right VDR, look for one with features that support your business and needs. Certain VDRs, like include features like a “favorites feature that allows users original site to mark files and folders as favorites for quicker access. Some also have infinite scrolling that drastically reduces the number of clicks required to look over documents. Some have dynamic watermarks which display the user’s name and IP address every time they open or download documents.
Some VDRs do not just boost productivity with collaboration tools but also make it easy to import data and projects from other platforms into the platform, while maintaining their folder structure. This is especially beneficial during migrations and when consolidating multiple digital tools into one system. Some VDRs offer an annual subscription for unlimited instead of a single transaction. This improves the predictability of budgets as well as ROI.
Digify’s VDR solution is comprehensive and offers the full range of features. Start with a free 30-day trial to experience the power of sharing. Contact us for an introduction to our revolutionary VDR developed with your business in the mind.
