There is no room for error when it comes to the sensitive files that are shared during M&A transactions. Data breaches, miscommunications and other mistakes that could cause deal disruption are costly, time-consuming and can halt an entire transaction. Fortunately, modern VDR solutions offer superior security and functionality at less than the cost of old technology.
The most effective virtual data rooms offer an easy-to-use, flexible platform designed to meet the unique needs of a specific business workflow or transaction. This means that you can personalize the virtual data rooms with the exact features and permissions you require, while providing authorized users with access to the most advanced due diligence tools like watermarking roles-based security, two-factor verifications and virus scanning.
CapLinked’s hierarchical tag system, for instance, enables administrators to organize virtual data rooms into sub-categories, based on the kind of document. This will speed up due diligence. You can monitor document viewing activities using a variety of reports, including a “heatmap” by user group, as well as various charts that indicate who has seen what documents and for how long.
Venture capitalists, private equity firms and other investors typically look at several deals simultaneously. This requires a large amount of information to be organized. The capability to upload documents in bulk and organize them into easily accessible folders and groups facilitates due diligence. This allows you to close more transactions in a shorter period of time.
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