For startups and even larger companies that participate in fundraising, using a virtual room (VDR) can assist them to facilitate the exchange of sensitive data that usually occurs during this stage. Teams of the leadership on both parties to a deal are more comfortable knowing that a VDR offers them the ability to collaborate on documents and share files as well as monitor the activities of users in detail.
When selecting a VDR partner, you should consider their security features first. Multifactor authentication along with advanced encryption and robust malware and virus scanning ensure that uploaded documents remain safe and secure. Choose a VDR which also comes with custom reports and real-time analytics that can provide the behind-the scenes information executives in the C-suite need to stay informed of the status of their ongoing projects.
A VDR’s ability to be easily imported from existing services like Google Drive, OneDrive and Box is a further benefit. Importing data can be much faster and easier if you are able to do it with existing storage solutions such as Google Drive, OneDrive Dropbox, and Box.
Any company with a presence within the shipping industry should have a VDR solution compatible with their current fleet and their future plans. For instance, ship owners that have a fleet of ro ro passenger ships should be in a position to communicate updates to their policies, upcoming strategy plans and input from franchise owners within a collaborative VDR environment. This data is used daily and is typically sensitive. Therefore security features that offer security, privacy and transparency are essential.