Due Diligence Virtual Data Room
Due Diligence Virtual Data Room is a web-based solution to secure and share sensitive documents during transactions in business and audits. It provides smooth operations, top-of-the-line security and a user-friendly interface that is easy for non-technical users to use. It’s a great choice for businesses that want to streamline their due diligence process and eliminate the necessity of physical documents.
To prevent unauthorized access To prevent unauthorized access, To prevent unauthorized access, Diligence Virtual Data Room features an integrated security structure that has multiple layers and 256-bit AES encryption, the most powerful and most secure level of security available. It encrypts all data including descriptions and names of files, so that even if the files are printed or downloaded the files are unable to be read. This ensures that all the parties involved in a transaction are able to work together securely and efficiently, without the need to be concerned about confidential information getting into the in the wrong hands.
A powerful search function and intelligent filters make it easy to find specific documents using metadata or keywords, which reduces the time required to review vast sets of documents. Access permissions can be set based on roles and responsibility which makes it easier to conduct due diligence. It is recommended that permissions are changed regularly in accordance with the progress of the project.
Tracking tools keep a record of all actions taken by users of a data room, including the ability to log off and on and viewing pages among other actions. The results are displayed on a colorful “heatmap” that lets administrators monitor their performance. This can help businesses increase their productivity and efficiency, resulting in better deal outcomes.
