Due Diligence Virtual data room is an online solution that allows you to share and protect sensitive documents in audits and business transactions. It is easy to use even for non-technical users with intuitive functionality and top-of-the-line security. It’s a great choice for companies who want to simplify their due diligence process, and eliminate the need for paper documents.

Due Diligence Virtual Data Room has an array of security levels and 256-bit AES encrypted files, the most secure encryption available. This secures the data, including file descriptions and names, so that they cannot be read, regardless of whether they are printed or downloaded. This allows all parties in a transaction to work together efficiently and without worry about confidential information falling into wrong hands.

The powerful search function and smart filters let you to quickly locate documents based on keywords metadata, keywords, or any other criteria. This can reduce the time needed to go through huge sets of documents. Access permissions can be assigned according to roles and responsibilities making due diligence easier. It is recommended that you regularly amend permissions in accordance with project progress.

Tracking features log the actions of users, such as logging into and out, visiting pages, and so on. The results are displayed on a Due Diligence Virtual Data Room vivid “heatmap” which allows administrators to keep track of their efforts. This can help businesses increase their efficiency and productivity, which results in better deal outcomes.