Whether you’re working on an M&A, raising money from investors, or creating a cure for diseases–large-scale business processes and transactions involve large amounts of sensitive data that need to be shared securely. This is where virtual data rooms come in handy you can think of them as supercharged secret clubhouses for your confidential documents and files.

With the appropriate VDR solution installed, it’s easier to collaborate and communicate with multiple partners, investors and potential buyers. The key to a successful collaboration is to make sure that your documents are quickly accessed and reviewed. Tools for searching and versioning are essential in helping reviewers quickly find the information they need.

In addition, you’ll need a VDR that provides detailed analytics of user activity and engagement on a more granular level. This isn’t something traditional cloud storage apps usually provide, and is an essential tool to include in your VDR arsenal to enhance productivity and communication during difficult projects.

The best VDR software will also give you knowledgeable and skilled client service agents who understand your specific business processes and have experience supporting projects similar to yours. So, they can help ensure that your project runs without any issues. If something does go wrong, they can get you back to normal as quickly as gross domestic product possible. If you’re looking for the most effective VDR solution, be sure you choose one that has in-app phone and email multilingual support, as well as client services representatives who are able to use your language and informative video tutorials that can to answer common questions.