VDR for Marketing

There are a variety of occasions when your company could be asked to review sensitive data from third parties. These scenarios include fundraising rounds or business acquisitions and mergers as well as regulatory filings and other critical processes in which sensitive information needs to be disclosed. While file-sharing services that are generic like email or Google Drive can be used in certain situations but it is essential to use VDR in order to use VDR to ensure your data remains secure and enables your team members to perform their tasks efficiently.

VDRs are safe storage where authorized users can interact with documents and other files through a browser or mobile app. These platforms are equipped with advanced software features such as document indexing, full-text product development strategy searches and favorites, as well as infinite scrolling and auto-renumbering. This allows project teams as well as third parties that collaborate to write proposals in a breeze and also provide transparency through activity logs that keep track of all user actions within the VDR.

VDRs are used in a variety of industries to share sensitive data. They were originally created for M&A transactions. Investment bankers make use of VDRs to share contract and related information with potential buyers and investors in a private online environment. Private equity, venture capitalists, firms and portfolio companies use VDRs to coordinate on complex business agreements or regulatory filings. Pharmaceutical and biotech companies depend on the VDR to share intellectual property and clinical trial data with third parties.