https://bedataroom.com/what-are-digital-data-room-and-their-difference
A digital dataroom is an online repository for confidential documents, files and other information. Digital data rooms can be used to conduct business transactions, due diligence and other projects requiring secure storage of documents and sharing.
All of these activities require the review of a significant amount of confidential information. For large transactions, this could mean several hundred thousand highly sensitive documents that must be reviewed by the right people to make the right decision. If this information is shared incorrectly it could lead to security risks or even legal action.
A virtual data room allows different teams to examine documents in a single session, and it eliminates geographical limitations. They can also share information in a systematic manner and track access with an attendance register. Most providers also offer various options that let them restrict access, stop unauthorized document manipulation, and leaks.
Digify offers advanced branding features that let you create custom login screens, backgrounds and email templates for your data room. These options are perfect to create a clean, professional appearance that can help you gain trust from investors. The analytics feature of our website is another great tool to use to determine who has been reading your documents and how long. With this information you can determine potential investors and move forward in your plan. Start your free trial today to see the future of digital rooms.