A Guide to Transitioning to a Virtual Data Room

Guide to Transitioning to a Virtual Data Room

If you’re considering transitioning to digital document sharing through a virtual data room (VDR), (also known by many other names such as digital data rooms, virtual deal rooms, and more generally as due diligence software or even transaction rooms – although a virtual data room is much more than a simple transaction room) you may … Read more

Crucial Ways To Make Filing for Prepackaged Bankruptcy Easier

A prepackaged Chapter 11 bankruptcy, also known as a “pre-pack,” was developed for companies seeking a simplified yet complete restructuring from bankruptcy. The pre-pack offers a quick exit from bankruptcy in anywhere from three to 12 months. As with any Chapter 11 proceeding, the debtor must work closely with creditors to negotiate and reach an … Read more

Understanding Forward Mergers vs. Reverse Triangular Mergers

reverse triangular mergers vs forward mergers

When it comes to the wild world of corporate mergers and acquisitions, understanding the different merger options available to companies is crucial to building a successful business strategy. So what is the difference between a forward merger, a forward triangular merger, and a reverse triangular merger? Learn about the steps, benefits, and limitations of each … Read more

VDRs vs. Transaction Rooms: What Do You Need?

If you’re considering investing in an SaaS product to compile, share and sign files easily — especially for sensitive financial information — you may wonder whether you should use a transaction room or virtual data room (VDR) for file sharing. Understanding the difference in the technology, features and scenarios when choosing a VDR over a … Read more

The Safe Way To Incorporate Video Conferencing in Your VDR

The ability to safely and securely integrate video conferencing into your Virtual Data Room (VDR) is paramount. Because using a VDR obviously indicates that your organization has highly sensitive data to protect (such as in an M&A), the video conferencing solution you choose to use alongside it must have the same robust security requirements.  While … Read more

Why Modern M&A Requires a Virtual Data Room

A virtual data room is essential for modern mergers and acquisitions (M&A) activity. Because the data room serves as a secure, online repository for document storage and sharing, it is imperative for transactions involving dozens of individuals performing due diligence with hundreds of documents. Physical Data Room vs.  Virtual Data Room Physical Data Room A … Read more

5 Ways To Streamline Your Financial Reporting Process

Is your enterprise dreading the creation and distribution of your corporate annual expense report? Much like paying corporate taxes, financial reports remain a necessary evil in today’s business world. Yet, with the right tools and a streamlined financial reporting process, your corporate annual report can be a useful tool for: Securing funding Gaining public favor … Read more

The Importance of Document Management for Healthcare

Updated Feb 11, 2024 Protecting sensitive data remains an enormous challenge in virtually every industry, and especially so for industries that are governed by strict privacy regulations like healthcare. Data security is paramount — losing control of patient or facility records isn’t merely an inconvenience — serious legal and financial consequences are at stake here … Read more