The Benefits of a Virtual Data Room

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A virtual data room is a safe online space that permits companies to store and share sensitive information with investors and clients in a safe and controlled environment. Virtual data rooms also come with collaborative features that enable users to access and review documents in real-time with others. In the past, data rooms were used to store sensitive data kept in locations such as the headquarters of a firm or the office of a law firm. VDRs offer a number of advantages over physical datarooms for instance, their low cost and easy access.

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