What is datenraum Review?

datenraum is a web based, safe and secure storage space and synchronization tool for Dokumente. It allows companies to collaborate, discuss and maintain documents in a controlled setting. Investment banks and Private-Equity firms are among the many organizations that use virtual information room for Due Diligence. find more They automate procedures, gather details and become more efficient. They are a valuable asset for any business that relies upon centralized reporting and clear information.

A virtual dataroom is a cloud-based system that allows secure and versatile online access to a large range of sensitive corporate documentation, such as M&A documents and DD processes. It is used to manage sensitive company data and documents by lawyers, accountants and others during a DD or transaction project. It can be accessed securely from anywhere, on any device and can be used to upload and store both internal and external documents.

A VDR gives you the opportunity to provide your most sensitive documents to investors, purchasers or auditors in a controlled manner, while retaining complete control of who can access them. It allows you to carry out DD & M&A with greater transparency and efficiency, while minimising the risks of data breaches and intellectual property theft. It also provides a comprehensive audit trail that proves who has been accessing which files and when, giving you peace of mind that the data is protected at all times.