Secure Online Data Rooms Solutions
A virtual dataroom (also known by the names electronic deal room, data room or VDR) is a cloud-based platform that was created to store and share confidential business data safely during capital raisings, M&As, IPOs due diligence, audits of businesses, litigations, etc. The software is highly-specialized and offers multiple features to protect against unauthorised entry. This includes the ability to customize advanced authorizations, password protection an individualized security identity for users as well as dynamic watermarking, fence view and multi-factor authentication.
VDRs, unlike less advanced platforms like email, Google Drive, and Dropbox, have the ability record and track every document’s activity on their platform. You can know at all times when, who and from which IP address, accessed the document. You can also monitor the amount of time someone has spent browsing through documents.
This is one of the features you must take into consideration when selecting the right virtual data room service. This is because a reputable online data room will provide a high level of privacy for sensitive business documents. This is particularly crucial for manufacturing transactions, as the nature of these documents might not be evident to all parties.
Ansarada Deals is a powerful online data room that offers the security of a solid platform to facilitate serious sharing. This allows users to collaborate and share data during M&As, due diligences, capital raises, corporate restructurings and other high-stakes outcomes. To explore all the features that this software application can provide, schedule an online demo today.
