Modern data rooms assist companies prepare, manage and realize the benefits of M&A as well as asset sales due diligence, fundraising and many other important business processes. It is increasingly used to support other critical business processes such as governance, compliance and procurement.
Virtual data rooms are widely recognized as providing the security necessary to safeguard private information from unauthorised access download external attacks, malicious as well as other risk factors. They are a superior alternative to the file sharing system or email storage, as well as paper-based systems for sensitive information.
Look for a provider that allows you to customize granular permissions per document and folder, so that users have limited access or full access to specific documents. This will ensure your sensitive information is only viewed by those you choose. It is also worth looking into a provider that offers the capability to add annotations to documents. This is a great method for you to highlight information you believe ought to be highlighted or ask questions which you’d like answered. The annotations can only be seen by you, not the person who you share the document with.
Consider adding a section on references and referrals in your investor data rooms to show that you have a large network of customers and investors. It will to build trust and confidence in your ability to be a safe investment.