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A virtual data room is an extremely secure platform that gives you a secure repository for the exchange of confidential information and documents with other parties. It is perfect for due diligence, M&A deals, raising capital and more. As opposed to free file sharing programs, dedicated VDRs offer powerful tools such as Q&As and document versions to keep the deal on track and your data secure.

Audit trails are a great method to monitor all user activities and ensure compliance. Restriction of sensitive data access based on user roles, and permissions that can be revoked. Avoid data breaches by providing a complete audit trail which traces every user’s actions so that any discrepancies can be traced back to their origin.

Use full-text search to efficiently locate files within the virtual dataroom. Create folders for files using logical categories and tags to make it easier for users to locate specific documents. Utilize a multilingual user interface to let users collaborate in the language they feel most comfortable with. Streamline collaboration with answers coordinators that let experts submit questions and answer them directly without divulging their PII or email address. Send questions directly to the right experts and monitor their progress with detailed analysis.

Secure confidential information with fence view to protect confidential data. This feature blocks the unauthorised viewing of documents or images by only displaying a portion when the user hovers his or her cursor over them. The rest of the screen is covered by a watermark that includes the recipient’s IP address as well as email address to stop leaks.