There is no chance of error when it comes down to sensitive files that are shared during M&A transactions. Data mistakes, breaches, and mistakes that could cause problems are costly and long-lasting and can ruin the entire transaction. Fortunately, modern VDR solutions offer unparalleled functionality and security at less than the cost of traditional technologies.

The best virtual data room platforms are flexible and user-friendly, designed to meet the specific requirements of a particular workflow or transaction. You can personalize the virtual data room to incorporate the features and permissions you require while still allowing authorized users access to advanced due-diligence tools including watermarking, role-based security, antivirus scanning and two-factor authentication.

For example CapLinked’s hierarchical tags enable administrators to categorize a data room into sub-categories of document types based on the type of files which will speed up the due diligence process. You can also track document viewing activity with a variety of reports including a “heat map” by users and various charts, showing who’s seen which documents and for how long.

Venture capitalists companies, private essential secure management for companies equity firms, and other investors frequently look at multiple 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 speeds the due diligence process. This allows you to close more transactions in a shorter amount of time.