Due Diligence Virtual data room is an online solution that allows you to share and secure sensitive documents in business transactions and audits. It is a smooth operation, top-of-the-line security and a user-friendly interface that is easy for even non-technical users to use. It’s the ideal solution for companies looking to streamline their due diligence process and eliminate the necessity for physical documents.
Due Diligence Virtual Data Room has an array of security levels and 256-bit AES encrypted files, which is the highest level of encryption that is available. This encrypts all data including file names and descriptions and, even if the files are downloaded or printed the files are unable to be read. This ensures that all participants in a transaction can collaborate in a safe and efficient manner without having to be concerned about confidential information getting into the wrong hands.
The powerful search function and smart filters enable you to quickly locate documents by keyword, metadata or other criteria. This reduces the time needed to go through large documents. Access permissions can be set based on roles and responsibility making due diligence easier. It is recommended that permissions be updated regularly based on the development of a project.
Tracking features log all actions taken by users, such as logging into and out, navigating pages, and much more. They are displayed on a colorful “heat map” and allow administrators to monitor and evaluate the results of their work. This helps businesses improve their efficiency and productivity, resulting in better results.
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