Online vdr is a web-based data storage service that provides professional security and control for sharing of confidential files with third parties. It enables businesses from a variety of industries to securely share large files in mission-critical processes such as M&A due diligence and compliance. A VDR is distinct from service for sharing files like Dropbox or Google Drive. It has sophisticated permission settings and a robust audit track that shows the date and time a document was printed or downloaded, or even viewed by a user. Administrators can also add watermarks to documents and set expiration dates for access, and remotely revoke or disable printing and downloading capabilities to avoid leaks or unwanted disclosures.
VDRs also facilitate collaboration between authorized users for the purposes of redlining or marking up documents, eliminating the need for back-andforth emails or other methods of communication. They enable companies to track and archive any modifications made to documents which is important in the event they are later modified or revised by the other user.
Reputable VDR providers post their pricing plans and data usage allowances on their websites. This can help avoid surprises and overages in the future. Certain VDR providers provide subscriptions that are based on the number of users, the size of storage and the duration of the project instead of one-off or per-document fees. This is ideal for businesses who need a flexible and expandable solution that can be utilized for various projects or usage cases.
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