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Virtual Datarooms Benefits | Our solution has several major advantages over a traditional data room:
- It is totally secure, protected by 128-bit SSL encryption, with access by username, password and pin code, so that only authorised personnel can gain entry to the system.
- It is available 24/7 for the entire period of the transaction from anywhere in the world
- Multiple parties can use the system at the same time.
- A full audit trail is provided of all documents viewed or downloaded on a person-by-person basis.
- Interested parties can communicate with a lawyer through the Information Request Centre, requesting clarification on any issue that concerns them and receiving a timely reply through the system.
- There is no need to hire a physical data room nor to transport documents large distances at considerable expense.
- There is no need to install special software - all you need is Internet access and a web browser such as Internet Explorer (all recent versions supported).
- Sophisticated indexing and search facilities make the system easy to use and navigate, and documents easy to find.
All of these factors help to make the due diligence process more efficient, reducing transaction time and overcoming problems of geography, time zones and busy legal staff.
Click here for details of the Data Conversion process. |
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Virtual Datarooms Benefits
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Website Last Updated: 20 Aug, 2008 |
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