VDR Provider is a secure platform to share files and accelerate deals. Its features include a simple and straightforward configuration that is equally accessible to CFOs and accounting personnel at a lower level, deployment options on any device, single-sign-on and function prioritization in accordance with your workflow.
A VDR offers user and file permissions with intelligent access control for email addresses and domains which reduces the risk of leakage of data. They also allow the use of watermarks to sensitive documents and limit printing which makes it harder for hackers to steal information. They can also safeguard against server failure by automatically switching over to a second server. This keeps the process running even when the first server fails.
Certain VDR providers provide extra features like a searchable database and an activity monitor that tracks usage. They also offer investor data room for your startup advanced security features, such as an encryption 256-bit at the bank level which makes it impossible for unauthorized individuals to access data. They also keep track of all activity within the VDR which includes who downloaded or viewed what, so you have an audit trail of access to data.
Other VDR companies specialize in specific industries or types of deals. Certain VDR companies focus on M&A while others are geared towards collaboration in the field of science. Some tools are specifically designed to support legal litigation, or for archiving massive amounts of documents. The size and complexity of the tool depends on the transaction or project.