During a due diligence process, multiple parties discuss documents with each other. This requires a secure platform for collaboration and storage of sensitive documents. A virtual data area is the ideal resolution for that goal as it gives a central repository of critical business data that can be accessed from any kind of device. Moreover, it may help reduce silos within an organization.
There are numerous VDR vendors offering a wide range of features to manage report sharing and storage. Firmex, for example , is a preferred choice of many M&A professionals since find more information it gives a comprehensive set of tools to improve business efficiency and accelerate homework processes. Especially, it enables you to control data file access and usage with customizable permissions, DRM, dynamic watermarking and document termination. Additionally , it includes a “View As” feature that enables users to look at the content of your file ahead of downloading or perhaps printing it.
In addition , values is another vendor that provides advanced functionality to safeguard sensitive data. Its protection measures contain multi-factor authentication, granular user accord, file and folder security and a protected SSL connection. It also facilitates a high selection of file codecs and offers advanced search filter systems, tags and labels, optic character attention, and computerized index numbering.
In contrast, RR Donnelley Area is an enterprise-level VDR that offers an entire set of features that enable it to fulfill the requires of different market sectors. Its reliability features add a secure 256-bit SSL connection, bank-level encryption in transportation and at slumber, granular individual permissions, redaction, fence perspective and file expiration. Additionally , it supports a variety of document types and can be customized just for brand info.