What is datenraum Review?

datenraum is a web based, safe and secure storage space and synchronization tool for Dokumente. It allows businesses maintain, discuss, and collaborate on documents in a controlled environment. Investment banks, private equity firms and a number of other organizations use virtual data rooms to gather information, automate procedures and improve their effectiveness. They are a valuable resource for any business who relies on centralized data and clear reporting.

A virtual dataroom (VDR) can be accessed via the cloud and offers secure access to a variety of sensitive corporate documents during M&A and due diligence processes. It is used by accountants, lawyers and other professionals in order to manage confidential data and documents of a company during a transaction. It here can easily be accessed anywhere and on any device. It is also used to upload and save both internal documents and external ones.

A VDR allows you the ability to give purchasers, investors, or auditors a controlled view of sensitive and confidential documentation while maintaining complete control over who has access to that data. It enables you to perform DD & M&A projects with greater efficiency and transparency, whilst minimising risks of data breaches, intellectual property theft and litigation. It also provides an audit trail that shows who has accessed which files and when. This gives you peace of mind knowing that your data is always protected.