Top 5 Data Room Features

A virtual dataroom is a secure platform that allows for the exchange of sensitive documents and information. It is ideal for due diligence, M&A deals, raising capital, and much more. Contrary to free file-sharing software, dedicated VDRs offer power tools like document versioning and Q&A that aid in keeping your deal on track and keep your data safe.

Audit trails are a powerful method of tracking all user activities and ensure compliance. Restrict access to sensitive information depending on roles of users and permissions that can be revoked. Data breaches can be prevented with a complete audit of every user’s actions.

Use full-text search to quickly locate files within the virtual dataroom. Organise files using logical folders and tags to make it easier for users to locate specific documents. Use a this hyperlink multilingual interface, which allows users to collaborate in their native language. Answer coordinators streamline collaboration by giving experts the ability to submit questions and answer them without divulging their PII. Direct questions to appropriate experts and track their progress with precise analytics.

Protect sensitive data by using fence view. This feature restricts unauthorized viewing of documents or images by only showing a tiny portion of them when the user moves the cursor over them. The rest is hidden by a watermark, which contains the recipient’s email address and IP address to prevent leaks and increase the ability to trace.