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Find resources on virtual data rooms, their feature set, security and usage. Learn about what to look for, what's important and what is suitable for your own
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WatchDox for Virtual Data RoomsWatchDox provides some unique functionality when it comes to virtual data rooms. First and foremost, document security. With strong DRM-like capabilities, WatchDox can protect documents stored online from being copied, printed or forwarded. It offers a wide range of deterrence features such as watermarking, document expiration and revocation and more. These strong capabilities come with little effort. Most importantly, it is not required that any of the parties install any software. Using secure Adobe Flash-based technology, virtuall anyone with an Internet browser can send or view documents securely within minutes. Additionally, WatchDox offers granular tracking capabilities. The sender or admin can view an audit log registering everything that went on regarding the shared documents - any attempt to print, forward, etc. is logged. Another benefit that is unique to WatchDox is the ability to use it for secure messaging at all stages of the deal negotiations. While traditional data rooms are typically set up only when for the official negotiations commence, WatchDox can be utilized seamlessly via Microsoft Outlook and protect and control any document exchanged, even before an NDA is put in place. Moreover, if the deal falls through, the WatchDox dynamic document control enable revocation of all deal documents. |
WatchDox offers great simplicity when it comes to Virtual Data Room solutions. If you require very intricate measures such as physical data room services, you may wish to go with a high-end Virtual Data Room solution. Such solutions tend to be very expensive. If you are looking for a simple, affordable virtual data room solution, and if you are highly security conscious you can check out WatchDox at http://www.watchdox.com. |
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| virtual data rooms | virtual deal rooms | online data rooms | online due diligence | virtual dataroom | VDR |