Performing Deals the VDR Way

A number of business deals made with the help of online rooms are growing rapidly. Land-based rooms are staying in the past, being too heavy in a cost structure and very limited in terms of speed and an immediate response to a constantly changing business environment. Virtual data room is a new way of doing business, and as we may admit, is a more effective one. Today VDRs are used by several types of business segments and of any business size (from local small start-up to multinational billions companies). Virtual Data Room is an online business platform, which helps to organize documents in a very effective and structural system, create a project with several different roles, share documents, and has various communication tools. Some business owners are afraid of using VDRs due to security questions and technical difficulties. However, we need to admit, almost all VDRs are very user friendly and easy to use.

http://security-online.net/virtual-data-rooms-providers-comparison/

We can provide you with some essential tips, which help you to run your deals super efficiently and safer via VDRs`usage:

  • Check different VDRs offers from varying providers and use free trial option, if it is available.
  • Use all functions a VDR has, as all of them developed to optimize your time resources and a project flow. You can ask for a technical assistance from a provider.
  • Use security options (like password appointment) for the most confidential documents and files.
  • Change your passwords periodically, use difficult combination of numbers and letters.
  • Appoint different passwords for different folders.
  • Use project audit data, it can provide you with very insightful information of potential partners` interests.

But for sure in terms of security risks the key possibility to secure your business data is to cooperate with a reliable services provider.

We can recommend iDeals, which proved its protection level by cooperation with big multinational companies and international security certificates. Moreover, this company has the most technically equipped VDRs with a very rich list of security and business features, including the following ones:

  • A military system of access security (password and SMS code access, IP restrictions, user’s rights limitation, and etc.)
  • Special security options for documents: watermarks, secure spreadsheet viewer for Excel documents, fence view of sensible files.
  • Integration of MS Office.
  • Advanced system of project management features: audit, users and documents statistics, activities tracking, role-based management with rights appointment.
  • Advanced tools for online communication and data sharing (online chats, conferences, Q&A sessions, possibility to link all types of documents and leave comments).

Don`t hesitate and start to run your business deals more efficiently with a usage of advanced virtual data rooms. Order a free trial today to feel all the benefits a virtual data room can provide you with.