VDR for marketing is a secure repository in which authorized users can interact with documents and files via a web browser or mobile app. A VDR comes with advanced software features, such as document indexing, full-text searching as well as favorites, endless scrolling, auto-renumbering and infinite scrolling. In addition, activity logs are built-in to ensure transparency and accountability. They record and report the user’s actions as much as the date and time.
VDRs are most popular for M&A transactions as well as due diligence and investor parties, but they can be used by any business who needs to share sensitive information with other stakeholders. Investment bankers make use of VDRs to exchange contract details with potential buyers and investors in a secure online setting. Other business leaders include VCs and private equity firms, who typically assess many deals at once and must manage and share huge amounts of data. Legal teams also make use of the VDR to collaborate on complicated legal agreements and regulatory filings.
The top-rated vdrs for marketing providers are focused on security to ensure the integrity of data and privacy with features such as encryption in both in and out of the data multi-level authentication strategies, discrete end user permissions as well as document-level defenses such as watermarking or disabled printing. They also pay attention to compliance to ensure that their systems meet industry standards like HIPAA, CCPA and GDPR.