A vdr is a database online which companies utilize to share documents with other companies and to facilitate collaboration. It is widely utilized in the legal, financial and real estate industries. The right VDR will cut down the amount of time and effort needed to conduct due diligence. It can also boost the quality of results. You must consider various aspects before you choose one.
A good vdr project will have strong security features that prevent information leaks throughout the entire process of due diligence. This includes a watermarking system that is active and two-step authentication to stop unintentional sharing of hypersensitive information. It should also include audit logs, safe connections to the internet via cable (https ://), and day-to-day monitoring.
A vdr should include security features as well as a user interface that is easy to use on mobile devices, desktops and tablets. It should also have common features like drag-and-drop publishing and extensive support for file formats. Some VDRs also have standard naming conventions that simplify searches and reduce email exchanges with coworkers.
A reliable vdr must have a pricing structure that is affordable. Some vendors have flat-rate plans while others charge per users and storage capacity. Some vendors offer unlimited plans, which permit users to switch projects and use cases without additional cost.