// Add the new slick-theme.css if you want the default styling VDR Features That Facilitate More Deals – BuildSmart Construction

VDR Features That Facilitate More Deals

Many companies rush into implementing an online data space in anticipation of a possible deal but neglect to think about the ease of use. However, a user-friendly room that has the right features can facilitate more deals.

A well-designed VDR will make the due diligence process easier for both parties and enable a faster completion of the transaction. It will also assist you to avoid costly mistakes, such sharing sensitive documents with unauthorized users. To ensure you’re choosing the right VDR for your business, look for a simple but robust system that is able to take care of all your document sharing requirements.

VDR features such as granular permission controls can protect confidential and proprietary information from leaks. You should look for a VDR with permissions that can easily be set by groups of users. Statistics will show who has looked at, printed or saved documents. Look for an VDR that comes with specific security features for documents like watermarking or disabled printing.

Choose the VDR that is easy to configure connectors to Box, Dropbox Google Drive, and Microsoft SharePoint. This will enable real-time collaboration and eliminate the need to send large files via email. Look for features that let users modify the VDR’s appearance and feel, as well as add their company branding. Finally, you should seek out a VDR with a quick-look report that provides the high-level overview executives in the C-suite require to be updated during the due diligence process.