Virtual Data Room Software creates an online secure space for upload, storage and management of time-sensitive documents. Due diligence is typically used to facilitate M&As, capital raises and audits. For companies operating in the life science and technology sector, VDRs are particularly important to store research results including clinical trial data as well as other information that is proprietary.

Finding the best VDR for your specific requirements will take more than reviewing a vendor’s list of features and functions. Consider also the customer reviews and employee rating on third-party sites such as Trustpilot and Glassdoor. It’s best to choose an organization that has been in business for a long time and has built up a solid base of reliable evaluations.

Find an interface that is simple to use and allows users to upload and locate files. It’s advantageous to know if the VDR supports multiple languages, provides an array of formats for files and comes with many collaboration options.

Make sure that the VDR that you choose has complete security features. Ideally, it should offer two-factor authentication and offer password protection as well as IP address-based access limitations. It should also be able to support watermarking of documents, granular sharing and other features. Finally, it should enable advanced reporting that enables users to track their details of activity, down to individual views and downloads.

Look for a VDR that allows you to customize the appearance and functionality of its interface in line with your brand. FileCloud for instance, allows you to add your company logo to the login and email templates, as well as assign permissions on the account of your partner.

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *

84 − 77 =