When due diligence timelines are compressed, efficiency is vital. Consider an VDR which streamlines administrative tasks such as the setup and maintenance. Use the built-in reporting and analytics tools to gain valuable insight into how your users are reviewing content. You can then deal with any issues that could impact productivity. If HR members spend most of their time looking over employee complaints, it is likely an issue with liability that you should address as soon as possible.
Make sure your vdr is equipped with an organized, consistent file structure and easy search capabilities. This allows users to quickly access the files they need without having to search through irrelevant documents. In addition the VDR which allows for granular monitoring of user activity can provide valuable compliance insight. For instance you can see page-level user activity on every folder and file to see who has reviewed which document and for how long. This lets you establish appropriate safeguards to prevent unauthorized disclosures and keep your transaction on track.
Look for an VDR that allows you to easily connect it to existing software. This will help you automate your daily tasks, such as uploading documents directly from your desktop computer into your VDR workspace. You can edit these documents instantly using your own software. This will save you time and effort by not having to copy and paste documents between your VDR software and office software.