Online vdr, an online data storage service that provides professional-grade security and control over sharing of confidential files with third parties. It allows businesses across industries to securely share large documents for mission-critical processes like M&A due diligence, compliance and litigation. A VDR is different from file sharing services like Dropbox or Google Drive. It has sophisticated permission settings, as well as a robust audit track which can reveal the date a document was printed or downloaded, or even was viewed by the user. It allows administrators to mark documents with watermarks, set an expiration date for access as well as remotely revoke and disable print and download abilities to avoid leaks and disclosures that are not needed.
VDRs also enable collaboration between authorized users for the purposes of marking or redlining documents, thus eliminating the need for back-andforth emails or other methods of communication. VDRs also allow businesses to securely keep track of all modifications made to documents, which is essential in the event that they need to be amended or reworked by the other party.
Reputable VDR providers post their pricing plans and allowances for data usage on their websites. This will prevent any surprises or overages in future. Some VDR providers provide subscriptions based on the number of users, storage capacity and duration of project instead of a per-document fee or one-off charges. This is a great option for businesses who require a flexible and scalable solution that can be used for various projects or usage instances.
