Open Source Virtual Data Room

secure document sharing solutions

A virtual data space provides a safe and secure environment for sharing documents and files with multiple stakeholders during M&A. It enables users to review and make comments on documents, communicate with other members, track activity and more. Its benefits include an easy-to-use interface as well as robust security and collaboration features, and a low cost when compared to traditional storage solutions.

In a VDR access is controlled by permissions at the folder or document level. Users can be restricted to download only PDF versions or original documents that have watermarks. Documents can also be set to expire and you can keep track of who downloaded what and when. Admins can also “virtually shred” documents or deactivate download rights in the event of need.

A reliable virtual dataroom will also have a user-friendly platform that is customizable and can be customized to fit your business processes IT systems, workflows and workflows. It should allow drag-and drop and customised folder structures along with a comprehensive search feature. It should also offer an audit trail as well as a simple tag feature for files to ensure all activities are documented.

The most effective open-source virtual data rooms will have an extensible interface that allows integration with other tools and applications. It will also provide a range of customization options that include the ability to personalize your user interface. A strong security framework can guard against insider threats. It will also perform regular vulnerability scans and infrastructure penetration tests with an outside vendor and protect against denial of service attacks.