The VDR platform offers an entirely new way of working on multi-document transactions that involve any number participants. Don’t get bogged down in endless email threads with lots of documents tossed over the wall and changes being overlooked or overwritten along the way. All stakeholders can view the same documents in a secure virtual dataroom, while being able to access all the important documents. It’s much easier to recognize potential deal-related issues and opportunities when everything is organized and transparent. With FERPA compliance, GDPR compliance, HIPAA compliance, and eIDAS integrated, it’s now easier than ever to meet all regulatory requirements in M&A.
A top vdr-for-ma project features a modern and user-friendly interface that can be accessed across desktop, tablet and mobile devices. It should also offer common features like drag-anddrop textiles publishing, support for file formats in a variety of formats, and an easy data room setup. It should also include security features such as active watermarking, two-step authentication to prevent password theft, audit logs, secure connections to the internet (https ://), and 24/7 monitoring.
In addition, a good VDR for M&A should provide end-to-end capabilities that support your process from target review through closing the deal integration. It should also offer access controls, like custom roles, restrictions and announcements. It will also be able to monitor and limit rubber stamping, downloading sensitive information, to protect your data from unauthorized access. This is an essential feature that’s often overlooked in other VDRs.