The Benefits of a Virtual Data Room

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A virtual data room is a safe online space that enables companies to store and share sensitive data with investors and clients in a secure and controlled environment. Virtual data rooms also feature collaboration capabilities which allow users to access and review documents in real-time with others. In the past data rooms were utilized to protect sensitive information kept in locations such as the corporate headquarters or the law firm’s office. However, VDRs offer many benefits over physical data rooms, such as low cost and ease of accessibility.

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