A virtual dataroom, or VDR is an effective way to share and protect confidential documents. Investment bankers are the most frequent users of this technology, but it is also used by businesses of all kinds. Here are some of the most popular uses for VDRs: VDR:

M&A due diligence

Merging with or buying another company will require a massive amount of documentation that must be shared, often with third-party parties like auditors and regulatory bodies. The M&A process is made much simpler and quicker when you have access to a centralized secure repository of all the relevant information.

Legal Cases

Litigation processes typically require massive volumes of documents that are highly sensitive and sensitive and confidential. These types of documents can easily be lost or stolen, therefore having a VDR is very important for legal teams. VDRs offer lawyers and regulators to examine documents remotely without compromising security.

Real estate

Offline, sharing and signing important documents can be a long process. This process can be speeded and simplified by using the eSignature option offered by the majority of VDR providers.