Online vdr is an online storage service that gives professional security and control over the sharing of sensitive files with other parties. It enables businesses from a variety of industries to securely share large files in mission-critical processes such as M&A due diligence and compliance. A VDR is different from service for sharing files like Dropbox or Google Drive. It has sophisticated permission settings, as well as a robust audit track that can show when a document was printed or downloaded, as well as seen by users. It allows administrators to watermark documents, set expiration date for access and remotely revoke and disable print and download capabilities to prevent leaks and unintentional disclosures.
VDRs permit collaboration between authorized users to mark up or redline documents. This eliminates the need to use emails or other methods of communication. They permit companies to keep track of and archive all changes made to documents which is important in the event they are later modified or revised by the other party.
Reputable VDR providers offer their pricing plans and data usage allowances on their websites. This can help avoid surprises and overages in the future. Certain VDR providers provide subscriptions that are based on the number of users, storage capacity and the duration of projects instead of a per-document fee or one-off charges. This is a great option for businesses who require a flexible, scalable solution that can be utilized for many projects or use cases.