In the rush to set up a data room for an forthcoming deal, many businesses do not consider user-friendliness. However, a user-friendly room that has the right features can facilitate more deals.
A good VDR helps with due diligence for both parties and speeds up the completion of the deal. It can also avoid costly mistakes such as sharing sensitive information with unauthorized users. If you are looking to select the most suitable VDR solution for your company make sure that it’s an easy-to-use solution that meets all your requirements for document sharing.
VDR features like the ability to control permissions in a way that protects private and confidential information from dataroomservice.blog/what-is-merger-and-acquisition-ma leaks. Look for a VDR with permissions that can easily be set by groups of users. Statistics will reveal who has seen, printed or saved a document. It’s also important to search for an VDR that offers document-specific security measures such as watermarking as well as disabled printing and blind view.
In addition to the VDR’s main capabilities, you should look for a solution that is easy to configure connectors to Box, Dropbox, Google Drive and Microsoft SharePoint. This will enable real-time collaboration, and eliminate the requirement for large files to be delivered via email. Look for features that allow users to modify the VDR’s appearance and feel, and also add their company branding. Find an VDR that offers at-a glance reporting, which gives executives with a high-level overview to be informed during the due diligence process.
