VDR Provider is a secure platform to share files and accelerate deals. Its features include a straightforward and simple configuration that is equally accessible to CFOs and accounting personnel at a lower level, deployment options on any device, single-sign on and function prioritization according to your workflow.
A VDR provides granular permissions for users and files, along with an intelligent access control system for domains and email addresses to reduce the chance of leakage of data. They also allow the addition of watermarks to sensitive documents and limit printing which makes it harder for hackers to steal data. Additionally, they can protect against server failure with automatic failover to a second server, ensuring that the process stays in order even if one of the servers fails.
Certain VDR providers also offer additional features, such as searchable indexes and an activity dashboard that monitors the activity. They also offer advanced security features, including 256-bit encryption at the bank level, which makes it impossible for unauthorised individuals to read data. They can also track every activity that occurs in the VDR including who downloaded or viewed what files, ensuring you have an audit history of data access.
Other VDR providers are specialized in specific industries or types of deals. Certain VDR providers specialize in M&A while others are focused on collaboration with scientists. Some even have tools to support legal litigation or are suited to the archiving of large amounts of documents. The selection of VDR provider depends on the magnitude and complexity of the project or transaction to be handled.