Virtual data rooms are the ideal solution for companies that need to share sensitive information in a secure and in a private manner. A VDR can aid in any transaction that requires sharing confidential documentation easier, whether your company is trying to sell itself, raise money or work with investors and partners. Modern VDRs are less expensive than free file-sharing programs and provide practical features such as access to documents with granular permissions, digital files, encryption, audit trails, and dynamic watermarking that permits users to be identified by their login ID or device.
One of the most commonly used cases of virtual data rooms is due diligence, with the buyer needing to read a lot of documentation from the seller before approving the deal. But VDRs can also be utilized by life science companies to communicate results of clinical trials, HIPAA compliance and licensing IP. Real estate and properties that are immovable can also benefit from a safe and flexible way to conduct transactions and disclose documents.
All industries can benefit from all industries can benefit from a VDR. This includes those who must share confidential information with investors, partners and clients. Instead of relying on standard tools, it’s more beneficial to invest in a high-end enterprise VDR like CapLinked, which is designed for seamless project management in business and offers professional 24/7 customer support via live chat in-app and email -and also mobile apps that are responsive, letting you access documents from any location. CapLinked offers security to back up its promises that range from document encryption to monitoring logins of users to dynamic watermarks and industry-grade data centers that make sure your documents remain safe and private no matter where they are displayed.