When it comes to sensitive data shared in M&A transactions there is no room for mistakes. Data breaches, miscommunications and other deal-breaking mistakes are costly, lengthy and can halt the entire transaction. VDR solutions today provide higher security and efficiency at only a fraction of the cost of older technologies.
The best virtual data rooms platforms are flexible and user-friendly designed to meet the needs of a specific workflow or transaction. This means you can tailor the virtual data room to include the exact permissions essential secure management for companies and features you need, while still giving authorized users access to the most advanced due diligence tools such watermarking role-based security, two-factor verifications and virus scanning.
CapLinked’s hierarchical tag system for example, allows admins to organize virtual data rooms into sub-categories based upon the type of document. This can help speed up due diligence. You can monitor document viewing activities with a variety reports that include a “heatmap” by user group as well as different charts that show who has seen what documents and how long.
Venture capitalists and private equity companies often review several deals at once, bringing in reams of data that need to be organized. The ability to upload bulk documents and then sort them into easily navigable groups and folders speeds up the due diligence process making it possible to close more deals in less time.
