Virtual Document Safe Storage

Virtual document storage is essential to many companies. When you have to share documents with service providers, prospective investors, or even with your own internal team members, having a VDR in place will make the process much simpler and quicker. It also helps to avoid leaks of information, as well as other kinds of data breaches. This is particularly important for businesses in traditionally paper-centric industries, such as accounting firms and law firms.

What is a Virtual Document?

A virtual document is one that has other documents. This allows the structure of the documents to be replicated regardless of how diverse the files are. A report, for instance can be written in Word but also include tables in Excel as well as it could also include a PowerPoint Presentation can be included as an appendix. Virtual documents allow the document to be broken down into diverse components that can be managed in the same way as other documents.

Components can be removed or added to independently of the parent document. This means that modifications made to the component files won’t automatically update the version tree for http://www.vdr-software.blog/document-safe-storage-online-solutions-for-ease-management/ the document that is the parent. If the entire assembly is frozen, the components won’t be updated automatically.

Documents can be protected with a virtual watermark that is unique and allows anyone to determine who has viewed, used or altered the document. This allows the perpetrator to be identified and punished if documents are leaked.