VDR Features That Facilitate More Deals

by hansa-schleppi

In the rush to implement a data room for an imminent deal, many companies forget to prioritize user-friendliness. A data room that is easy to utilize and has the proper features will help facilitate more deals.

A good VDR will make the due diligence process more efficient for both parties and speed up the execution of the deal. It will also prevent costly errors such as sharing sensitive information with uninformed users. To ensure you’re choosing the most appropriate VDR for your company choose a simple yet robust solution that will handle all your document sharing requirements.

VDR features such as granular permission controls can protect confidential and proprietary information from leaks. Look for a VDR with permissions that can be assigned by groups of people. Statistics will show who has printed, viewed or saved the document. It’s also important to search for a VDR that provides specific security measures for documents like watermarking as well as disabled printing and blind view.

In addition to the VDR’s main capabilities, you should look for an application that has easy-to-configure connectors for Box, Dropbox, Google Drive you could try this out and Microsoft SharePoint. This will enable real-time collaboration and will eliminate the need for large files to be sent via email. It’s also a good idea to look for options that let users customize the look and feel of the VDR and even incorporate their corporate branding. Lastly, look for an VDR with at-a glance reporting which provides the top-level overview C-suite executives require to stay informed throughout the due diligence process.