Secure Data Room for M&A and Legal Transactions

A secure dataroom is an online repository that permits confidential business documents to be shared during due diligence legal transactions, due diligence, and financing. Due diligence was once performed in physical locations such as rooms in the company headquarters, offices of law firms, or even in a central, secure location. Now due diligence is conducted digitally, and information can be accessed whenever needed via an online platform.

When sensitive documents have to be shared with multiple people It is more likely that they will end in the hands of wrong individuals if you are using generic software for sharing files like Google Drive or email than when you use a data room. In addition, while these tools are great for everyday file sharing, they don’t provide the security features that are critical when sharing data with certain third parties in an agreement or transaction, such as user restriction settings, granular auditing capabilities watermarks, etc.

With CapLinked, the secure data room is a user-friendly software solution that provides secure and reliable security www.securedataroom.net/5-top-vdr-features-that-save-your-time/ to facilitate collaboration and exchange of documents with a select group of third parties during an M&A or capital raising process. This includes a full suite of advanced features that permit users to automatically erase sensitive information from folders and files, search text within images, create multiple versions of a document (e.g. PDF) and keep track of which users have viewed what information, when and for how long. These tools help teams finish projects quicker and make better decisions during M&As or other business events.