VDR Provider provides a secure platform to share files and speed up deals. Its features include an easy and clear configuration, which is equally accessible to the CFO and entry-level accountants deployment options for any device, single sign-on and priority of functions to suit your workflow.
A VDR offers permissions for files and users, as well as sophisticated access control for email addresses and domains, reducing the chance of leakage of data. They also permit the inclusion of watermarks on sensitive documents and limit the printing of these documents which makes it more difficult for hackers to take information. In addition, they protect against server failures by using automatic failover to a second server, keeping the process on track even when one of the servers fails.
Certain VDR providers also offer extra features such as a searchable database and an activity monitor that tracks usage. They also provide advanced security features, like the 256-bit bank-level encryption that makes it impossible for unauthorized users to read data. They also track every activity on the VDR including who downloaded or viewed what files, ensuring that you have an audit history of data access.
Other VDR providers specialize in specific industries or types of deals. For example certain VDRs have a particular specialization in M&A and others are focused on collaboration in the field of science. Some have tools specially designed to aid in the process of legal cases or for archiving large volumes of documents. The complexity and size of the document depends on the type of project or transaction.