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Virtual Data Rooms – The Pros and Cons of VDRs

Virtual data rooms are the perfect solution for companies who need to share sensitive information securely and privately. Whether your business is looking to sell itself, raise capital or work with investors and partners using a VDR can make any deal that involves sharing private documentation that much easier. In contrast to free file-sharing software that are available, modern VDRs offer transparent pricing and practical features that actually get used, including granular permission settings for documents/digital files, security levels like encryption audit trails, and dynamic vdr provider watermarking to identify users by their login ID and device.

Among the most common use instances of virtual data rooms is due diligence, with the buy-side needing to read a lot of documentation from the seller prior to approving the purchase. However, VDRs can be useful for life science firms to share results of clinical trials, HIPAA compliance, licensing IP and patient data. Real estate and immovable properties can also benefit from a secure and flexible way to conduct transactions and share documents.

Every industry are able to benefit from all industries can benefit from a VDR. This includes those who need to divulge confidential information to investors, partners, clients and customers. CapLinked is an VDR that is designed for seamless project management. It offers 24/7 professional customer support via live chat within the app, by phone and email and also mobile apps that allow you to view documents anywhere. And it comes with the security to back up its promises – from encryption of documents monitoring user logins and dynamic watermarks to industry-grade data centers that make sure your documents and data are safe regardless of where they’re viewed.

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