Virtual Data Rooms Transform the Deal Making Process
Virtual Data Rooms have replaced physical data rooms traditionally used for performing financial due diligence. Their introduction has had a significant impact on creating greater efficiencies and transparency in the diligence process for financial transactions and financial compliance. By hosting documents in an online environment, deal momentum is no longer impeded by geography and time. Participants around the world have 24/7 access to documents as they become available in a secure and auditable environment.
Why FTP, Email and Simple File Sharing Won't Do
Will FTP, email or a simple online file sharing solution will meet your needs? Not if you need to control what happens to the highly confidential documents once you have shared them. A Virtual Data Room solution is the right document sharing solution if your business process depends on:
- Controlling who sees or prints the documents
- Controlling access to documents after they have been shared
- An audit trail of who has accessed the system or documents
- Quickly sharing many large amounts documents
Ensure Security, Use a Virtual Data Room (VDR)
Evaluating a move away from inefficient document sharing practices such as DVDs, couriers and email, for highly confidential documents? Want to improve the cost and manageability of due diligence and the sharing of confidential documents? Move to a Virtual Data Room. It's really a small step in comparison to the giant leap in productivity gains, security and control you'll enjoy. They're easy to use, secure and affordable.
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