Due Diligence Virtual Data Room is an online service to protect and share sensitive documents during transactions in business and audits. It provides smooth operations, superior security, and intuitive functions that is easy for even non-technical users to use. It’s an excellent choice for companies looking to simplify their due diligence processes and eliminate the requirement for paper documents.
To protect against unauthorized access, To prevent unauthorized access, Diligence Virtual Data Room features a multi-tiered security structure and 256-bit AES encryption, the strongest and safest level available. It secures 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 allows all parties in the transaction to work effectively and safely without worrying about confidential information being in the wrong hands.
A powerful search function and intelligent filters make it easy to locate specific documents by keyword or metadata, and reduce the amount of time required to look through large sets of documents. Access permissions can be set in accordance with roles and the responsibilities which makes it easier to conduct due diligence. It is recommended to periodically modify permissions according to the progress of the project.
Tracking features log all actions taken by users, such as logging in and out, viewing pages, and more. The results are displayed on an attractive “heatmap” that allows administrators to keep track of their progress. This can help businesses increase efficiency and productivity, resulting in better deal outcomes.
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