datenraum is a web based, safe and secure storage space and synchronization tool for Dokumente. It allows businesses to maintain, discuss and collaborate on documents within a controlled environment. Investment banks, Private-Equity firms and a lot of additional organizations work with virtual information rooms especially for Due Diligence (DD), to gather details, automate procedures and be far more effective. They are an asset to any company that relies on clear reporting and centralized information.
A virtual data room (VDR) is a cloud-based platform that offers secure and versatile access to a wide range of highly sensitive corporate documentation during M&A transactions and DD processes. Lawyers, accountants, and other professionals use it to manage confidential documents and data during a transaction. It can also be accessed securely on any device.
A VDR allows you to provide purchasers, investors or auditors with a controlled view of your most confidential and sensitive documentation, whilst preserving complete control over which users are given access to the data. It allows you the opportunity to conduct DD & M&A project with greater transparency, reducing risks such as data breaches, intellectual theft, and litigation. It also provides a comprehensive audit trail that proves who has been accessing which files and when, giving you peace of mind that the data is protected at all times.