To most businesses the term virtual data room goes hand in hand with the deal process. Which, makes sense, right? Well, yes and no. A virtual data room, also referred to as a VDR, is designed specifically to securely store and distribute information to multiple parties via the cloud, and one obvious use is as a deal room. For businesses going through a transaction efficiency and security are top of mind, so using an online data room that allows for strict control over critical corporate documentation is a given. But, that begs the question- why is it only important to keep your business documents secure and easily accessible during a transaction, and not all of the time? Aren't your business' key financials, intellectual property, employee information, and proprietary data just as critical to your business on a day to day basis?
Here are seven unexpected but important ways you should be using your virtual data room, all of the time:Read More