Whether you’re working on an M&A, raising money from investors, or creating a cure for diseases–large-scale business processes and transactions involve large amounts of sensitive data that need to be shared securely. That’s where virtual data rooms can be useful you can think of them as supercharged secret clubhouses for your confidential documents and files.

With the appropriate VDR solution installed, it’s much easier to collaborate and communicate with investors, partners and buyers. The key to a successful collaboration is to ensure that your documents can be easily accessed and reviewed in a an efficient manner. Tools for searching and versioning are essential in helping reviewers quickly locate the information they need.

You’ll also need a VDR with comprehensive analytics of the user’s engagement and activities. This is something that isn’t typically a knockout post provided by the standard cloud storage apps. It’s an essential tool to include as a part of your VDR arsenal to improve communication and efficiency in complex projects.

The best VDR software will also provide you with dedicated and experienced client services staff who understand your unique business processes and have worked on projects similar to yours. So, they can help ensure that your project goes off without an issue. If something goes wrong they will help you get back on track as quick as possible. If you’re searching for the most effective VDR solution, make sure to choose one with in-app telephone and email multilingual support. Also, there are client services representatives that can communicate with you in your native language, and informative product videos that help answer frequently asked questions.