Online Data Room Review
When it comes to sharing sensitive financial documents including intellectual property, case files for litigation and more, the ideal scenario is for it to get lost or stolen. Online data rooms are an excellent method of storing, managing and securely share confidential documents.
But not all VDRs come with the same features. When selecting a vendor, it’s crucial to look at the different feature sets, security options, interface and the price.
Many VDRs also come with document permissions that allow you to specify when users can print, download, or even view documents. Some are able to add dynamic watermarks for viewed and printed document pages for more secure measures. Others permit tracking of datasetweb.com the activity of users and files which is helpful for conducting a security audit or monitoring the interest of a capital raising round.
Another must-have feature is extensive logging and reporting capabilities. Some VDRs permit you to keep track of user and document activity in a clear, easy-to-read report that gives valuable insight to be used for business. This allows you to keep track of who has accessed the files, at what time they were accessed, and the possibility of altering confidential information.
The best online data room offers an effortless experience for the user using an easy-to-use interface, which works across all devices. They also offer an extensive selection of deployment options, as well as a single login for all projects. They also support multi-project management, allowing you to easily create and manage different project spaces that have different levels of access as well as specific documentation uploaded for each project. They also offer round-the-clock support via various channels and provide specialists who can assist you with any issues.