For companies with sensitive data that must be shared in a secure and private manner, virtual data rooms provide the solution. A VDR can facilitate any transaction that involves sharing confidential documentation easier, whether your company is trying to sell itself, raise money or work with partners and investors. Modern VDRs are more affordable than free file-sharing software and include features that are practical, such as the ability to grant permissions to documents and digital files, encryption, audit trails and dynamic watermarking that permits users to be identified with their login ID or device.
One of the most commonly used cases of virtual data rooms is due diligence, with buyers having to look over a large amount of documentation from the seller prior to approving the deal. But VDRs can also be used by life science companies to share clinical trials results, HIPAA compliance and licensing IP. The real property and immovable properties industry can benefit from a safe flexible way to conduct transactions and to share documents.
The perks of the advantages of a VDR are available to all industries that require to share confidential information with investors, partners and customers. Instead of relying on generic tools, it’s more beneficial to invest in a high-end enterprise VDR like CapLinked, which is designed for seamless business project management and comes with professional 24/7 customer support through in-app live chat or email, as well as phoneand also responsive mobile apps that let you view documents from anywhere. CapLinked offers security to back all its promises that range from document encryption to monitoring logins for users to dynamic watermarks, as well as industry-grade data centres that ensure that your documents are secure and secure no matter where they are used.
