Secure Online Data Rooms Solutions
Secure Online Data Rooms Solutions
A virtual data room (also known as a VDR electronic data room or deal room) is a cloud-based platform created to facilitate the safe storing and sharing of confidential business information during M&A capital raising, IPOs, due diligence and business audits, litigations and more. This software solution is highly specialized and provides a variety of features that secure against unauthorised entry. This includes customisable advanced rights password protection, granular security impersonation (granular user identity) dynamic watermarking, as well as fence view.
VDRs, as opposed to less sophisticated platforms like email, Google Drive, and Dropbox, have the ability track and log every document activity on their platform. This means that you’ll always know who, what time and from which IP address has accessed what document. You can also track the amount of time someone has spent looking at documents.
This is a feature that you must take into consideration when selecting the best virtual data rooms provider. This is because a trustworthy online data room will provide an excellent level of privacy for sensitive business documents. This is especially important in manufacturing transactions as the nature of these documents might not be obvious to all parties.
Ansarada Deals, a powerful online dataroom, blends an intuitive platform and a high degree of security to enable serious sharing. This makes it easy to collaborate and share documents during M&A, due diligence capital raising, corporate restructuring and other high-risk outcomes. Take advantage of a free demo to learn about all of the features this software solution offers.