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VDR for Investors

By 26.10.2023No Comments

When it concerns due diligence in investment investors would like access to the virtual data room (VDR) that they can use to examine documents from the company and intellectual property. It is therefore crucial that companies ensure that their VDR is always up-to-date, and that any changes are immediately delivered to all contributors.

This lets all participants view the most up-to-date version of the file and complete their due diligence quickly. It also avoids any miscommunication or confusion. By default, sensitive documents can also be blocked. This includes contracts with customers as well as pricing. Administrators can monitor user activity within the VDR in order to track which documents are being reviewed and for how long. This can give a good indication of whether the document is being shared correctly.

In the past, businesses kept their most important documents inside the space that was only accessible to authorized personnel. This was referred to as a ”document vault’ and it was a very valuable asset for businesses. The digital age has allowed companies to store their documents in a manner that is more efficient as well as accessible.

With the VDR investor communications, investor communications, and fundraising can be managed in one central location and accelerate the capital raising timeline. Digify is the most popular virtual data room provider in the UK is ISO27001 certified, and offers numerous features designed to assist at every stage of the investment process.