With many VDR providers on the market, it can be difficult to decide which is best for your company. There are a few guidelines to help you navigate through the terms used in the industry and marketing in order to understand the basic capabilities of the VDR provider. When you are looking for a VDR you should look for one that has an easy-to-use interface and provides 24/7 live support to make the process easier. In addition, look for a VDR that can support multiple file formats for added versatility and provides speedy uploads that can boost efficiency.
Security is a further aspect to consider. A reliable VDR provider should offer various features to protect your data, such as two-factor authentication as well as timed access expiration and the ability to customize permission settings. These features will help keep your data safe and prevent information leaks. A reliable VDR will also provide a detailed information about activity, letting you know what documents are being used and who has viewed them. This level of detail is useful from a business point of view because it allows you to pinpoint any obstacles and determine the level of engagement of your team members and external partners.
Accounting requires the use of sensitive financial documents, therefore it is essential for businesses to be able to share their files securely with third party partners when auditing processes are being conducted. Brainloop’s VDR platform provides a variety of security features like Chinese wall indexing, automatic indexing, and watermarking. These services allow secure communication between teams and external partners. The VDR provides Q&A capabilities to increase collaboration and efficiency when making deals.