A virtual dataroom (VDR) lets you securely store and share sensitive documents with authorized users. This includes document exchanges in the course of M&A projects as well as due diligence between professional secret holders. It is a must-have tool for a variety of business transactions.
When choosing a VDR provider, you must to ensure that the company has top security features and meets the requirements of users. These include secure access to the VDR through third parties and audit-proof logging as well as watermarks. The software must also be able to support multiple languages and be mobile-friendly. Idgard’s virtual datarooms fulfill these requirements and have been certified by TUV Sud in accordance with the SOC Standard.
Digital data rooms, especially in German-speaking countries, are now a part of business transactions and property sales. Every month, famous companies including banks, law firms and banks and family offices, institutions, and private individuals, complete transactions that amount to millions. When choosing a VDR however, aspects such as high cost contract terms, long-term contracts, restricted design options, and complicated structures are usually taken into account. The German provider dataroomX (r) stands out for its transparent pricing, predictable fixed rates and user-friendly software.