A secure virtual dataroom is a safe repository of sensitive documents that aids collaboration and information sharing. It is secured to the highest standards, and ensures that documents are only shared by those who need access to them.
A VDR’s security features include access control for users, encryption of documents, server-side backups and continuous scanning for viruses. It also comes with granular permissions and screen shots to stop unauthorised downloads.
For M&A security, the most secure virtual data rooms provide an easy-to-use platform that allows authorized users to access and work with files around all hours of the day. They also offer audit and reporting logs for compliance purposes, as well as a range of AI-driven functions such as error detection, information storage and retrieval.
Life science companies can use virtual data rooms to share HIPAA compliant medical records and results of clinical trials to investors. Startups can also track who spends the most time reading their documents to gauge interest and better understand engagement. A VDR is a vital business software solution that is utilized by a variety of industries.
ContractZen revolutionizes professional document sharing and advanced contract management, with ease efficiency, speed, and safety. It is easy to set up and comes with a range of smart tools such as document tagging, and user tracking of progress. Moreover, it has robust digital rights management too that includes document read limitations on print and download in accordance with permission settings. You can even opt to restrict a specific folder or a single document.