Virtual data rooms are secure systems which allow you to share and save important documents related to your project. They are often used to conduct due diligence during M&A litigation, lawsuits, patent management, real estate transactions, file management, and more.

VDRs are designed to protect sensitive data with strict permissions. This ensures that no one can view your files, unless you. They also aid in regulatory compliance through detailed monitoring of activity and customizing reports.

When choosing a VDR to use, select one with features that are relevant to your project and industry. For instance some VDRs have a “favorites” feature that lets users mark files and folders as favorites to facilitate access. Some VDRs feature infinite scrolling that reduces the number of clicks required to go through documents. Certain documents feature dynamic watermarks that show the user’s IP address and name when they view or save documents.

Some VDRs do not just boost productivity with collaboration tools, they also make it simple to import data and projects from other platforms into the platform, while maintaining their folder structure. This is particularly useful during migrations and when consolidating multiple digital tools into one system. Some VDRs also offer an annual subscription for unlimited in lieu of a one-time transaction. This helps to improve the predictability salehoo of budgets and return on investment.

For the complete list of features and more, look up Digify’s comprehensive VDR solution. Begin with a 30-day free trial to see the potential of sharing. Contact us to arrange an overview of our unique VDR created with your business in mind.