Top 5 Data Room Features

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A virtual dataroom is a secure system that allows the exchange of sensitive documents and information. It is perfect for due diligence, M&A transactions, raising capital, and other. Unlike free file sharing tools, dedicated VDRs provide powerful tools like Q&As and document versions to help keep the deal moving and your data secure.

Audit trails can be a useful method to monitor all user activity and ensure compliance. Limit access to sensitive data based on user roles and permissions that are able to be removed. Avoid data breaches by providing complete audit trails that traces all user actions so that any discrepancies can be traced back to their source.

Utilize smart full-text searches to locate files quickly within the virtual data room. Organise files using logical folders and tags to make it easier for users to find specific documents. Use a multilingual user interface to allow users to collaborate in the language they are most comfortable with. Answer coordinators simplify collaboration by permitting experts to submit questions, and then reply to them without disclosing their personal identifiers. Immediately route questions to the expert in question and track their progress with detailed analytics.

Protect confidential data with fence view. This feature blocks unauthorized viewing by only showing a small portion of the screen when the user hovers their cursor over the image or document. The rest of the screen is hidden behind a watermark that includes the IP address of the user and email address to stop leaks.

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