The VDR platform unlocks a whole new way of working on multi-document agreements that can involve anyone. Don't get bogged down in endless email threads with batches of documents being tossed over the wall and changes being ignored or rewritten in the process. All stakeholders can view the identical documents in a safe virtual dataroom, while still having access to all important documents. It's easier to see potential deal problems and opportunities when everything is organized and clear. With FERPA GDPR, FERPA, HIPAA and eIDAS compliance elements built-in it's much easier to meet all regulatory requirements required in M&A.
A top vdr-for-ma project has a contemporary and user-friendly interface that is accessible on a tablet, desktop or mobile devices. It should also have familiar functionality like drag and drop publishing, a broad variety of file format support, and easy data room setting up. It should also provide security features like active watermarking, two-step authentication to prevent password theft audit logs, secure connection to a browser (https ://), and 24/7 monitoring.
Additionally, a great VDR for M&A should include end-toend functionality that supports your process from review of the target through closing the deal integration. It should also include access controls, including custom roles, restrictions and announcements. It should also restrict and monitor rubber stamping, and downloading sensitive information, to safeguard you against unauthorized parties. This is a vital feature that is often ignored in other VDRs.