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Whether you’re working on an M&A, raising money from investors, or creating a cure for diseases–large-scale business processes and transactions involve large amounts of sensitive data that need to be shared securely. This is where virtual data rooms come in handy: think of them as supercharged secret clubhouses that protect your confidential documents and files.

With the best VDR solution in place, it’s easier to communicate and collaborate with a variety of investors, partners, and potential buyers. The key to a successful collaboration is to make sure that your documents can be quickly reviewed and retrieved. Search and versioning tools are essential to help reviewers quickly locate the information they require.

Additionally, you’ll need an VDR that offers detailed analytics of user activity and engagement at a granular scale. This is not something that traditional cloud storage apps typically provide and is a crucial tool to have in your VDR arsenal to enhance productivity and communication during difficult projects.

The right VDR software will also provide you with skilled and knowledgeable client service representatives who have experience in supporting projects similar to yours and are familiar with the specialized processes. They will ensure that your project is running smoothly. If there is a problem they will help get you back on track as quick as they can. If you’re in search of a VDR, choose one that has multilingual support in-app, via phone and email, with client service representatives who can speak your language, as well as product videos that answer frequently asked questions.