Online Data Room Review
The last thing you want is for your sensitive documents, like intellectual property documents, litigation files, financial documents, etc. to be stolen or lost. This is why online data rooms have been established for storing, managing and securely sharing confidential documents.
However, not all VDRs offer the same features. When evaluating vendors, it’s important to think about the various feature sets and security options, as well as the interface, and costs involved.
Additionally, many VDRs come equipped with document permissions that are granular and allow you to specify whether users can view only and print, or download files and when. Some VDRs can add dynamic watermarks to pages of viewed or printed documents to provide greater security. Some allow tracking of the file and user activity, which is useful in conducting a security audit or monitoring the interest of a capital raising round.
Another feature you must have is comprehensive logging and reporting functionality. Certain VDRs allow you to track the actions of users and documents in a clear, easy-to-read https://www.datasetweb.com/ report that provides valuable insight to be used for business. This allows you to determine what, when and who accessed files and also if any confidential information was changed.
Finally, the best online data rooms provide users with a seamless experience and an easy-to-use interface that works across devices. They also offer an extensive selection of deployment options, as well as one login for all projects. They also support multi-project management that lets you easily create and manage different projects with different levels of access, as well as a unique set of documentation uploaded for each project. They offer support 24/7 via multiple channels, and have experts on hand to help you with any issues.