Top 5 Data Room Features

A virtual dataroom is an extremely secure platform that allows the exchange of sensitive documents and information. It is ideal for due diligence, M&A transactions, raising capital, and other. In contrast to free file-sharing tools dedicated VDRs offer power tools like Q&A and document versioning that will help keep your deal moving forward and your data secure.

To ensure compliance, track the activities of every user with robust audit trails. Access to sensitive data is restricted dependent on user roles and permissions which can be removed. Prevent data breaches with an audit trail which traces every user’s actions so that any differences can be traced back to their origin.

Use full-text search to quickly find files in the virtual dataroom. Organise files using logical folders and tags to make it easier for users to locate specific documents. Use a multilingual interface, which allows users to collaborate in their native language. Answer coordinators simplify collaboration by providing experts with questions, and then reply to them without disclosing their personal identifiers. Direct questions to relevant experts and monitor their progress with detailed analysis.

Secure confidential information by securing it with fence view. This feature prevents unauthorised access to documents or images by only showing a tiny portion when the user hovers the cursor over them. The rest of the screen is hidden behind a watermark that includes the IP address of the user and email to discourage leaks.

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