https://la-technologie.fr/2020/06/18/technologie-et-communaute-par-salle-du-conseil-dadministration/
A virtual dataroom can make due diligence in M&A more efficient and secure, since it grants you complete control over confidential information. With the help of granular permissions, administrators can control printing, viewing, secure PDF downloading and editing files on the level of a folder and document. So, users can concentrate on the task at hand without worrying about who will access or share sensitive files.
In the past people involved in due diligence or legal proceedings had to go to a physical location to peruse stacks of documents, thereby slowing the process and creating an opportunity for disclosure through accident. With the virtual data room, users can review and discuss important documents in real-time.
An advanced virtual data room allows users to ask questions and receive answers quickly, facilitating collaboration with third party. The software will route questions to the correct person, and keep a record of who replied and when. This creates an audit trail to ensure that each question is answered.
You can easily find any document in the data room, even the documents were stored in an unstructured fashion. This is particularly important when a large volume of documents needs to be scrutinized. Utilizing smart indexing features which allow you to search for document title, keyword, or even the text content of a webpage to find results in just a few seconds.
You can quickly and easily remove sensitive data from a document using the redaction feature. This allows you to do this without the necessity to scroll through files or search for keywords. Utilizing sophisticated algorithms, this tool will also ensure that you are not being unable to find any sensitive information that could be a deal-breaker.
