How Data Room Technology Can Transform Your Business

Data room technology allows companies to securely share and store documents during corporate transactions like M&A deals, fundraisers and other business activities. The use of virtual data rooms means companies can avoid the security risks associated with using generic file-sharing software or sending confidential documents via emails, which are often not encrypted and doesn’t create an audit trail.

The best VDR provider makes it easy to share information with an user-friendly interface and features that make the due diligence process quicker and more efficient. It’s also ultra-secure, ensuring that data is only accessible to those who are entitled to see it and never accidentally shared with others. Premium providers offer 24/7 support to help resolve technical issues and provide guidance on how to optimize the efficiency of a data room.

Whether you’re trying to convince investors to invest in your company or simply presenting your pitch deck, an engaging and well-organized data room will aid you in presenting the best of your information to your audience. A well-organized and clear presentation can be an enormous benefit when you’re presenting a virtual roadshow in that it allows investors to focus on the key points you’re making, rather than struggling with intricate details and complicated analyses.

When sharing engagement or retention metrics, make sure to only provide a subset of relevant data – for example the users who have spent more than 20 minutes on your app every day or have added more than 5 friends. Oversharing can confuse and overwhelm your audience.

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Written by Roberto Contreras