If you’re launching the due diligence process for your firm’s next (or first) acquisition, you may be wondering if using Dropbox for due diligence is okay. Have you been tasked with managing your company’s capital-raising initiative and need a way to share sensitive information? If so, then your “to-do” list probably includes finding a solution…
Business owners, CIOs, and IT leaders have choices when it comes to file sharing solutions. But how do you evaluate the best secure filing sharing for business? What are the must-have features? How can a virtual data room provide a more reliable way to share documents versus other Software as a Service (SaaS) solutions? …
Sensitive business operations like private equity transactions or M&As often require enhanced due diligence, a process in which dozens of professionals review hundreds of pages of documents in order to help buyers size up companies, and vice versa. While this process has largely moved online, selecting a platform that enables individuals to access and share…
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…
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…
Though achieving a successful M&A is exhilarating, it’s no secret that the M&A process is extremely complex — bordering on tedious at times — as there are many laws, regulations and plain old red tape to plow through. Accelerating the process can be like trying to make a river flow faster, but there are always…
Virtual data rooms are essential to getting all the proper information needed to complete a merger and acquisition, but they are also important when it comes to legal compliance audits. It is important for businesses to ensure that they are compliant with federal and state regulations regarding the use of financial instruments by their business.…
When it comes to closing a round of investments, how you present your company — specifically, how you present the documents that measure your company’s strengths and performance — is key. The goal, of course, is to present the most accurate and compelling picture of your company to a group of investors who see the…
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 for non-compliance. Knowing…
Your document management workflow design sits at the heart of your company’s productivity, efficiency and security. If you don’t have an efficient document management workflow design, bolstered by a secure, cloud-based electronic document management system, you could be opening your firm up to inefficiencies, lost profits and damaging data breaches. In 2019, nearly 30% of…