VDR Features That Facilitate More Deals

In the rush to implement a data room for an imminent deal, many companies overlook the importance of ease of use. A data room that is simple to use and has the necessary features can help facilitate more deals.

A well-designed VDR assists in due diligence for both parties and speeds the process of closing the deal. It can also help you avoid costly mistakes, such as sharing sensitive documents with unauthorized users. To ensure that you’re choosing the most suitable VDR for your company, look for a simple yet robust solution that will manage all of your needs for sharing documents.

VDR features such as granular permission controls protect sensitive and proprietary information from being leaked. Find a VDR with permissions that can set by groups of users. Statistics will reveal who has viewed, printed or saved documents. You should look for you could try this out a VDR with document-specific security features like watermarking or disabled printing.

In addition to the VDR’s primary functionality, look for an option that allows you to easily configure connectors to Box, Dropbox, Google Drive and Microsoft SharePoint. This will allow real-time collaboration and will eliminate the need for large files to be sent via email. Look for features that allow users to modify the VDR’s appearance and feel, and also add their corporate branding. Additionally, seek out an VDR with at-a glance reporting that provides the high-level overview C-suite executives require to be updated during the due diligence process.