Due Diligence Virtual Data Room
Due Diligence Virtual data room is an online platform that allows you to share and secure sensitive documents in business transactions and audits. It is a smooth operation, high-quality security and a user-friendly interface that is easy for non-technical users to use. It’s an ideal choice for companies that are seeking to simplify the due diligence process and eliminate the necessity of physical documents.
Due Diligence Virtual Data Room has an array of security levels and 256-bit AES encrypted files, the most secure encryption available. This secures the data that is stored, including file descriptions and names, so that they cannot be read, regardless of whether they are downloaded or printed. This allows all parties to a transaction to work together efficiently and safely without worrying about confidential data falling into unsafe hands.
A robust search engine and intelligent filters make it easy to locate documents using metadata or keywords, which reduces the time required to review large sets of documents. Access permissions can be assigned by roles and responsibilities making due diligence easier. It is recommended to regularly amend permissions in accordance with the progress of the project.
Tracking features record all actions taken by users, such as logging into and out, viewing pages, and more. The results are displayed on a colorful “heatmap” which allows administrators to track their efforts. This helps businesses improve their efficiency and productivity, which results in better results.
