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How is Dcirrus helping in Business Dealing during covid?

2020 got out the best side of creativity in the business world. We learnt, adapted and re-learnt. The three steps facilitated the survival of each organisation.
The pandemic had a plethora of opportunities for the virtual world. But no one can deny that opportunities and challenges knock at the same door. The challenge to unlearn whatever we have so far and relearn what the situation required us to. Technology and Business both had their share of hindrances in coping up with it and in establishing the continuity of their businesses. The link between them pushed them to surpass their level of excellence so that the world can keep going, even when the time seemed to have stopped.

Having covid rewrite the script for the world, the roles of ours and yours seem to have been facing constant changes. The extended responsibilities on the shoulders of business executives seem to be never-ending. According to McKinsey, the duties of a finance leader leading the companies. Digital operations seem to have tripled between 2016 to 2021. The clients and users faced issues with the new trend in business dealings and how they were managed. The ways they used to acquire services might have just no longer existed.

In this blog, we will cover the various aspects in which the cloud has helped in the new normal of business dealings.

The Virtual Data Rooms

Businesses continue because of their increased investments, new business activities, acquiring other businesses and diversification. These tasks are accomplished after many tedious meetings and appointments. With pandemic and therefore, travel restrictions, holding such meetings wasn’t possible. That’s where the data rooms came into place. These virtual data rooms allowed both parties to conduct their meetings online with a scope of proper communication and coordination.

The Virtual Data Rooms became a potential tool for activities beyond mergers and acquisitions. Blockchain-based technologies enhance the use of VDR and make it even more efficient in communication, and simplifying the flow of information.

The virtual data rooms helped different sectors in cracking their various dealings

Law

The VDR seemed to be the most efficient for lawyers. For those who have privacy as the backbone of their profession, VDR just fits in right. It allows you to store confidential data online with an assurance of its security. Companies like Dcirrus gives you an unlimited storage option that makes the VDR experience worthwhile. The data is secured with 256-bit encryption and is checked at three levels. The information can be stored in separate folders for each client giving easier access to the lawyers.
Thanks to Dcirrus for the case management feature for lawyers and law firms, their work is made way easier.

Education

The sector that faced most challenges was education. With the history of lacking technological advancement, the sector faced most of its challenges in adopting a new technology and deviting enough time in teaching and innovation in the sector so that the learning of students remains unarmed.

The proper organisation of files through VDR is its biggest asset especially in this sector. Maintaining the students’ records and their respective files was often done physically. Although their data was stored online, the updates were usually made physically and the data stored could not be accessed while at home last year.
The school had to make some great shifts with respect to how they handled their data.

Data stores online was easily accessible 24*7 regardless of the physical location. This helped the staff who were in geographically distant locations.

Moreover, the organised data line gave the staff and the faculty time to devote in making required amendments and advancements in the curriculums and teaching practices so that the bridge between distant learning and students can be covered.

Small and Medium Businesses (SME)

2020 was essentially hard on the small and medium enterprises. The large companies had a ready plan for capital so as to get them going but there are often very less backup plans for infused capital in the smaller ones.
Cloud computing and VDR help these businesses in reducing the redundant expenses to a huge extent. The expenses of holding a physical space for storage, hiring people for managing documents, engagement of IT department in managing the enormous data on the on premise server etc. The technology offers them far more flexible solutions for their day to day working. The VDRs and their Q&A winows has helped the organisations get better communication channel with not only their clients but also their teams and so has brought a positive effect in the workflow.

The business had already a lot on their last with the oandemica and the cut throat competition and Dcirrus cloud just helps you in prioritising the most important thing on the plate and leaving the data management to us. We understand the importance of collaboration for you and so the essence of accessibility and affordability at the same time. The features of automatic backup and sync helps in not onlyrestoring the lost files but also gives the companies time and efficiency in taking the first mover advantage in their respective fields .

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Wondering Why Dcirrus?

Benefits of Dcirrus Virtual Data Room?

Get your checklist ready
✔An easy set-up in less than 10 minutes
✔24*7*365 customer service available
✔ A choice in the location of servers holding the confidential data ✔ Better search algorithms

✔Two-factor authentication login – more security ✔Unlimited data storage

✔Permission-based access using Granular Controls for accessibility, transparency and control with the authority

✔Versioning of documents
✔Auto-sync and backup for quicker restoration of files
✔ 256- bit encryption at three levels: at rest, in transit and use
✔Customized data rooms with domain and logo for a personalized experience

✔Zero set–up cost & minimum set-up a time

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