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If you’re handling a large amount of confidential data sharing it is essential to be in control of who can access and edit the documents. A reliable virtual data room allows you to control access at the document and folder level or even lock users out from viewing the data completely. It’s also possible to set up groups with specific privilege settings to ease the process of granting access to whole departments or certain categories of professionals.

A reliable virtual data room provider will also offer robust collaboration tools that will streamline remote work and make it easy for teamwork to be carried out regardless of where you are. These features are designed to improve the quality of your work, and allow your team members to complete their tasks quicker. One example is the ability to share documents in real-time to your collaborators. This feature lets you send sensitive documents to business and client partners without risking security.

A top-rated virtual data room provider will provide you with a an extensive set of security features to guard your sensitive data from being accessed by the incorrect individuals. These measures include watermarks to guard the information from copying without permission and also built-in nondisclosure agreements which ensure that all users adhere to strict rules and bank-level encryption. A good virtual dataroom can also allow you to track the what happens in your workspace virtual, so you’ll be on top of usage of files.