Virtual data rooms are secure, secure platforms which allow you to share and organize important documents related to your project. They are typically employed for due diligence during M&A litigation, lawsuits, patent management, real estate transactions, management of files, and more.

VDRs protect sensitive information by granting strict permissions, which ensure that no one is able to access your files unless you specifically want them to. They also aid in regulatory compliance through detailed activity tracking and customizable reports.

When selecting the best VDR make sure you choose one with features that are compatible with your specific industry and project requirements. For example some VDRs have the “favorites” feature that lets users mark files and folders as favorites to make them easier to access. Some also have infinite scrolling that significantly reduces virtual data rooms the number of clicks required for reviewing documents. Some are dynamic watermarks that display the user’s name and IP address each time they open or download a document.

Certain VDRs don’t just increase productivity with collaboration tools but also make it easy to import projects and data from other platforms into the platform while maintaining their folder structure. This is especially beneficial during migrations and when consolidating multiple digital tools into a single system. In addition, some VDRs provide an annual, unlimited-use subscription as opposed to a single use transaction to increase budget predictability and boost ROI.

For a complete list of features and more, look up Digify’s comprehensive VDR solution. Start by signing up for a free trial to discover the power of serious sharing. Contact us for an opportunity to demonstrate our innovative VDR designed with your business in the mind.