VDR for Marketing
There are a variety of occasions when your company could be required to examine sensitive information from external parties. These scenarios include fundraising rounds including mergers, business acquisitions along with regulatory filings and product development strategy other mission-critical processes where sensitive information needs to be shared. In certain situations you can utilize generic tools for sharing files like Google Drive or email. It is nevertheless essential to utilize a VDR in order to ensure that your data is secure and your team members are able to effectively.
VDRs are safe repository that allow authorized users to communicate 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 as well as third parties that collaborate to write proposals in a breeze and also provide transparency with activity logs which record all user actions in the VDR.
While VDRs were initially created to facilitate M&A transactions however, they are now being used by diverse industries that require sharing sensitive information with other stakeholders. Investment bankers utilize VDRs as a means to communicate confidential information and contracts with buyers and investors in a private, online setting. Venture capitalists, private equity firms and portfolio companies use VDRs to work together on complex business agreements or regulatory filings. And, pharmaceutical and biotech companies depend on the VDR to share intellectual property and clinical trial data with third parties.