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Finding the Right Virtual Data Room Software

Virtual Data Room Software creates an online, secure environment for the upload, storage and management of documents that are time-sensitive. Common uses include facilitating due diligence for M&A capital raises, audits, and tenders. VDRs are a great tool for companies operating in the technology and life science sectors. They keep research results including clinical trial data, and other proprietary information.

You need to look beyond the list of features and functionality provided by a vendor in order to find the VDR that is most suitable for your needs. Take into consideration customer reviews and employee ratings on third-party sites like Trustpilot and Glassdoor. It is best to select a company that has been in business for a long time and has built up a strong base of reliable reviews.

Look for a user interface that is simple to use and allows users to upload files and find them. It’s also helpful if the VDR provides a variety of formats for files, is compatible with multiple languages and provides various collaboration tools.

Make sure that the VDR you choose includes comprehensive security features. It should be able to support two-factor authentication and offer password protection as well as IP click here for more info address-based access restrictions. It should also allow the use of granular sharing and document watermarking. It should also offer advanced reporting that lets you track all activity right down to individual files views and downloads.

Find a VDR that allows you to alter its appearance and features to reflect your brand’s image. FileCloud for instance lets you add your company’s logo to login and email templates as well as set permissions on the partner account.

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