Due Diligence Virtual Data Room is an online solution to secure and share sensitive documents during business transactions and audits. It is a smooth operation, superior security, and intuitive functions that is easy for anyone, even non-technical, to use. It’s a great choice for businesses looking to simplify the due diligence process and eliminate the necessity for physical documents.
To guard against unauthorized access to your data, to protect against unauthorized access, Diligence Virtual Data Room features security that is multi-tiered, and 256-bit AES encryption, the most powerful and most secure level that is available. This secures all information including the file’s name and description and, even if the files are downloaded or printed and read, they are not accessible to. This ensures that all parties involved in transactions can collaborate securely and efficiently without having to be concerned about confidential information getting into the improper hands.
A robust search functionality and smart filters make it simple to locate specific documents via keywords or metadata, thus reducing the time required to review 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 that permissions be changed regularly in accordance with the progress of a project.
Tracking features keep a record of all actions taken by users in the data room, including turning off and on, viewing pages and more. The results are displayed on a vivid “heatmap” which allows administrators to track their work. This can help businesses increase efficiency and productivity, resulting in better outcomes.