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VDR for Marketing

Your company might More Info be asked to review sensitive data that is provided by an outside company. These situations include business acquisitions and fundraising rounds and fusions, regulatory filings and other procedures that require sensitive information must be shared. In certain instances you can make use of generic tools for sharing files such as Google Drive or email. However, it is essential to utilize a VDR to ensure that your data is safe and your team members can perform their tasks efficiently.

VDRs are safe repository where users who are authorized can interact securely with documents and data using either a mobile application or a web browser. These platforms provide advanced software features like document indexing, full-text search, favorites and endless scrolling. This allows project teams and third parties to collaborate and write proposals easily. It also offers transparency through activity logs that track every user’s actions.

While VDRs were initially created to facilitate M&A transactions however, they are now being used by a variety of industries that require sharing sensitive data with stakeholders outside. Investment bankers utilize VDRs as a means to share confidential information and contracts with investors and buyers in a private online environment. Private equity firms, venture capitalists companies and portfolio companies utilize VDRs for collaboration on complicated contracts or regulatory filings. And, pharmaceutical and biotech companies rely on a VDR to share intellectual property and clinical trial data with third parties.