Streamline Commercial, Legal, and Operational Due diligence
Virtual data rooms are transforming M&A by cutting down on the chance of physical document loss or damage and speeding up due diligence process and encouraging value creation. The key to ensuring your VDR offers these benefits is to set it up correctly by choosing the right service as well as establishing the appropriate folder structure, and inviting authorized users. Once the VDR has been configured and the search function has been activated, it will become your digital scout to locate details within the complicated folder structures.
Organise your VDR by categories for investment due diligence, like governance, finance, intellectual property and human resources, as well as real estate, and litigation. Utilize sub-folders to further organize your information and creating an index that is easy to use.
Be aware that VCs and other stakeholders with whom you communicate and share documents, expect your documents to be in a specific order. Uploading a previous version of your documents could damage your investors’ trust and could impede the sale.
Choose an VDR with role-based control (RBAC) to manage document permissions. This will help prevent malicious or accidental actions by individuals who are not authorized.
The VDR should allow users to only download the information they require. Watermarks, access expiry dates and limitations on file size can all be used to limit disclosure of sensitive information. The VDR should also create an audit trail of all files, so you can see exactly what files each person has viewed. This increases trust and accountability between all parties.
