VDR Features That Facilitate More Deals

In the rush of implementing the use of a data room in an upcoming deal, many companies overlook the importance of ease of use. But, a user-friendly data room that has the right features can help facilitate more deals.

A well-designed VDR helps with due diligence for both parties and speeds the closing of the deal. It can also avoid costly errors such as sharing sensitive information with uninformed users. To ensure you’re choosing the best VDR for your company choose a simple but robust system that is able to handle all of your document sharing requirements.

VDR features such as specific permission controls to protect private and confidential data from being leaked. Find a VDR that permits permissions to be set based on groups of people, with statistics showing who has looked at, saved or printed the particular document. Look for an VDR that comes with specific security features for documents like watermarking and disabled printing.

Find the VDR that offers easy-to configure connectors to Box, Dropbox Google Drive and Microsoft SharePoint. This will allow real-time collaboration and eliminate the need to send large files to be shared via email. It’s also recommended to look for features that let users customize the look and feel of the VDR and to include their company dataroomservice.blog/virtual-data-room-or-dropbox-choosing-the-best-storage logo. Choose an VDR that has a quick reporting, which gives executives with the most comprehensive overview they need to stay on top of the due diligence process.