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Virtual data rooms are the best solution for companies who need to share sensitive data securely and privately. If your company wants to sell itself, raise capital or collaborate with investors and partners, VDRs are a must. VDR makes any deal that involves sharing private documentation that much easier. Modern VDRs are more affordable than free file sharing software and provide practical features such as the ability to grant permissions to documents and digital files encryption, audit trails, and dynamic watermarking that allows users to be identified via their login ID or device.
One of the most commonly used instances of virtual data rooms is due diligence, with buyers needing to read a lot of documentation from the seller before approving a deal. However, VDRs can also utilized by life science companies to share results from clinical trials, HIPAA compliance and licensing IP. Immovable and real estate properties can also benefit from a safe and flexible way to conduct transactions and disclose documents.
Every industry can benefit from the benefits of a VDR. This includes those who need to share confidential information with investors, partners, clients and customers. Instead of relying on standard tools, you should invest in a high-end enterprise VDR like CapLinked. It’s designed for seamless business project management and includes professional 24/7 customer support through live chat in-app telephone, email and phoneand also responsive mobile applications that let you access documents from any location. It also has the security to back up its claims – from document encryption, user login monitoring and dynamic watermarks, to industry-leading data centers that make sure your files and privacy are safe regardless of where they’re displayed.
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