For companies that have sensitive information that needs to be shared securely and privately virtual data rooms are the answer. A VDR can make any deal that involves sharing confidential documentation easier to do so, regardless of whether your company is trying to sell itself, raise funds or collaborate with investors and partners. In contrast to free file-sharing software they are more modern. VDRs offer affordable pricing and practical features that are actually used, including granular permission settings for digital files and documents as well as security levels such as encryption audit trails, dynamic watermarking to identify users by their login ID and device.
One of the most popular use cases of virtual data rooms is due diligence, with the buy-side having to look over a large amount of documents from sellers prior to approving a deal. However, VDRs are also used by life science companies to professional virtual data room share results from clinical trials, HIPAA compliance and licensing IP. Real estate and properties that are immovable can also benefit from a safe and flexible method to conduct transactions and disclose documents.
All industries can benefit from all industries can benefit from a VDR. This is especially true for those who have to provide confidential information to investors, partners and clients. Rather than relying on generic tools, you should invest in an enterprise-grade VDR like CapLinked, designed for seamless business project management and offers professional 24/7 customer support via live chat or email, as well as phone- as well as responsive mobile applications that let you access your documents from any place. And it has the security to back its promises – from encryption of documents as well as monitoring logins of users and dynamic watermarks, to industry-leading data centers that make sure your documents and your privacy are secure wherever they’re being viewed.