For companies with sensitive information that must be shared in a secure and private manner, virtual data rooms provide the answer. A VDR can help any deal that requires sharing confidential documents easier for your business, whether it’s trying to sell itself, raise money or work with investors and partners. As opposed to free file-sharing applications, modern VDRs offer affordable pricing and practical features that are actually used, such as granular authorization settings for documents/digital files as well as security levels such as encryption audit trails, dynamic watermarking that allows users to be identified by their login ID and device.
One of the most popular use cases of virtual data rooms is due diligence, with the buyer needing to go through a lot of documents from sellers prior to approving the deal. However, VDRs can be useful for life science companies to share results of clinical trials, HIPAA compliance, licensing IP, and patient files. Real estate and immovable property can also benefit from a secured and flexible method to conduct transactions and release documents.
The perks of VDRs are numerous. The benefits of VDR are available to all industries that require to share personal information with investors, partners and customers. CapLinked is an VDR designed to facilitate seamless project management. It provides 24/7 professional customer support via live chat through the app, by phone and email, as well as mobile apps that allow you to access documents from anywhere. It has the security backing up its promises including document encryption, user login monitoring to dynamic watermarks, and industry-leading data centres that ensure your documents remain safe and secure, no matter where they are being viewed.
