Virtual data rooms are secure systems that allow you to share and store important documentation for your project. They are used to ensure due diligence in M&A transactions, litigation, real property transactions, and for managing case files.

VDRs protect sensitive information by granting strict permissions, making sure that no one will see your files unless you wish them to. They also assist with compliance with the law through thorough activity tracking and customizable reporting.

When selecting a VDR be sure to choose one that has features that fit your project and industry needs. Some VDRs, for example include a “favorites’ feature that allows users to mark files and folders as favorites for quicker access. Some VDRs feature infinite scrolling, which reduces the number clicks needed to look over documents. Certain documents feature dynamic watermarks which display the IP address and name whenever they open or save a document.

Alongside boosting productivity through collaboration tools, certain VDRs make it simple to import data from other software and transfer projects to the platform with their folder structure intact. This is particularly helpful when transferring data or consolidating digital tools into one platform. Certain VDRs also offer an annual subscription with unlimited usage instead of a one-time transaction. This increases the predictability of budgets and return on investment.

Digify’s VDR solution is a complete solution and comes with an extensive list of features. Begin with a 30-day free trial to see the potential of sharing. Then, contact us to arrange a demonstration of our revolutionary VDR solution made with your needs in mind.

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