When preparing for a sale or merger, you will require sharing confidential information with a third party. It could be anything click here for more from legal documents to research records and financial records. It’s crucial to take this precautionary approach to ensure that your intellectual property doesn’t get lost or stolen. That’s why many companies turn to virtual data rooms to help facilitate due diligence with investors and partners.
When you are setting up a virtual room one of the initial actions is inviting all users. This can be accomplished through the bulk-invitation option. Once you have all of your users in you can give them access to specific folders and documents in the virtual data room. To achieve the best results, it is recommended that you should try to limit the number of files users can access at any one time. You should also establish a standard file structure and ensure that your files are saved using the proper format.
Once you’ve given users access, you should review your reports and track activity on a regular basis. This will allow you to keep an eye on the number of times users use the virtual data room and the files they are most interested in. You can also track how long each user spends on a particular file.
Reporting allows you to view reports in your iDeals virtual space. Simply choose the information you would like to see and click Reporting. The reports will appear on the page and can be filtered according to Access Groups, Documents, Categories and Active Users.