Virtual Data Rooms – The Pros and Cons of VDRs

Virtual data rooms are the perfect solution for businesses that require to share sensitive information in a secure and in a private manner. Whether your company is looking to sell its assets, raise capital or work with investors or partners or investors, an VDR will make any transaction which requires sharing private information 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, such as granular authorization settings for documents/digital files, security levels like encryption audit trails, as well as dynamic watermarking that allows users to be identified by their login ID and device.

One of the most commonly used virtual data rooms cases of virtual data rooms is due diligence, with the buy-side needing to go through a lot of documentation from the seller before signing off on a deal. However, VDRs are also utilized by life science companies to communicate results from clinical trials, HIPAA compliance and licensing IP. The real property and immovable property industries can also benefit from a secure flexible method to conduct transactions and share documents.

The perks of the advantages of a VDR extend to all industries that need to share confidential information with partners, investors and customers. CapLinked is a VDR that is designed to provide seamless project management. It provides 24/7 professional customer support via live chat through the app, on the phone, and email, as well as responsive apps to view documents from any location. CapLinked offers security to back up its promises, from document encryption to monitoring logins for users to dynamic watermarks, and industry-grade data centres that ensure your documents are safe and secure, no matter where they are being viewed.