How Virtual Data Room (VDR) benefit M&A Deals

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How Virtual Data Room (VDR) benefit M&A Deals

To store and share company information during an M&A Transaction there is a need for a secure place and that secure place is a Virtual Data Room (VDR) which is an online repository for sharing confidential files. Due to Technological Developments, Virtual Data Rooms have become even more powerful with their security features to make a process easy with a better and streamlined workflow.

VDRs are useful for M&A because :

• Promotes Data Security

VDRs are built with strict security features to keep all the information safe in one place by giving consumers zero stress about their data.

• Cost Effective

VDRs saves time and money as companies do not have to pay for storage costs or use their own office infrastructure for storing data & documents. Also, it replaces physical travel cost to office location of multiple stakeholders to carry out due diligence.

• No Legal Issues

Good VDRs provide full access and transparency with tracking every part of the activity while making a deal so that the user does not face any legal issue in the future.

• Increases Productivity

VDRs are easy to use platforms that provide better organization of files so that the user reviews the documentation in a fast & efficient manner.

• Everything in One Place

No more searching of emails, chats, decks, or other important documents because VDR got every sensitive file in just one place with better collaboration tools.

 DCirrus’s VDR Service is a best fit as it supports better M&A Deals with its numerous features

such as :

• Data Security – 256 Bit, 3 Level Encryption with 2 Factor Authentication.

• Data Residency – Feature that demonstrates where your data resides.

• Cost Effective with Better Storage – Flexible pricing with storage according to your requirements.

• User Permissions – Full control and access to manage your data.

• Activity Log – Detailed activity tracking to prevent unauthorized file sharing.

Therefore, use DCirrus for smooth and easy transactions with our 24*7 support that make it a lot more easier.

Sources:

1. https://www.forbes.com/sites/allbusiness/2016/08/15/the-importance-of-online-data- rooms-in-mergers-and-acquisitions/#6a64e0e53566
2. https://www.financierworldwide.com/the-evolution-of-virtual-data-rooms-in-ma#.XvWiQygzbIX