Due Diligence Virtual Data Room is an online service to protect and share sensitive documents during transactions in business and audits. It’s easy to use even for non-technical users with intuitive functions and top-of-the-line security. It’s a great option for companies looking to streamline their due diligence processes and eliminate the need for paper documents.
Due Diligence Virtual Data Room has an array of security levels and 256-bit AES encrypted files, the highest level of encryption that is available. This encrypts all data, including names and descriptions of files which means that even if the files are printed or downloaded or printed, they can’t be read. This ensures that all the parties involved in transactions can collaborate effectively and safely, without the need to be concerned about confidential information getting into the in the wrong hands.
The robust search function and smart filters enable you to quickly locate documents by keyword, metadata or other criteria. This can reduce the time needed to review huge sets of documents. The ability to define access permissions based on roles and responsibilities also simplifies due diligence processes. It is recommended that permissions are changed regularly in accordance with the progress of an initiative.
Tracking features keep a log of all actions performed by users of a data room, including turning off and on and viewing pages, among others. The results are displayed on an attractive “heatmap” that lets administrators monitor their efforts. This can help businesses improve their efficiency and productivity which can lead to better outcomes.
Betty Wainstock
Sócia-diretora da Ideia Consumer Insights. Pós-doutorado em Comunicação e Cultura pela UFRJ, PHD em Psicologia pela PUC. Temas: Tecnologias, Comunicação e Subjetividade. Graduada em Psicologia pela UFRJ. Especializada em Planejamento de Estudos de Mercado e Geração de Insights de Comunicação.