For companies with sensitive data that needs to be kept private and secure, virtual data rooms provide the answer. A VDR can aid in any transaction that requires sharing confidential documents more convenient no matter if your company is trying to sell itself, raise funds or collaborate with investors and partners. Modern VDRs are less expensive than file-sharing software that is free and include features that are practical, such as specific permissions for documents and digital files, encryption, audit trails and dynamic watermarking that permits users to be identified by their login ID or device.
Virtual data rooms are typically used for due diligence. The buyer must review lots of documents before they are able to confirm an agreement. However, VDRs can also be beneficial for life science firms to share clinical trial results, HIPAA compliance, licensing IP and email security patient records. The real estate and immovable property sector can benefit from a secure, malleable way to conduct transactions and share documents.
All industries are able to benefit from the benefits of a VDR. This includes those that need to communicate confidential information to investors, partners, clients and customers. CapLinked is an VDR that is designed to provide seamless project management. It offers 24/7 professional customer support via live chat through the app, by phone and email as well as responsive apps to browse documents any time. And it comes with the security to back its claims – from document encryption monitoring user logins and dynamic watermarks to industry-grade data centers that ensure your documents and data are safe, wherever they’re viewed.