Virtual document safe storage is a must for many companies. If you are required to share documents with service providers, prospective investors, or even your team members, having a VDR in place can make the process more efficient and speedier. It also helps to avoid leaks of information as well as other types of data breaches. This is especially important for businesses that traditionally rely on paper, such as law firms and accounting firms.

What is a Virtual Document?

A virtual document is one that consists of other documents. This allows the file structure to http://www.vdr-software.blog/whats-a-reverse-merger/ mirror the logical document regardless of the different nature of the documents involved. For instance, a report, may be written in Word but include tables in Excel as well as a PowerPoint presentation as an appendix. A virtual document allows a document that is logical to break into multiple parts that can be handled like other files.

Components can be removed or added independently of the parent document. This means that modifications made to the component files won’t update the version tree for the document that is the parent. If the entire assembly is frozen, the component files are not automatically updated.

Documents can be watermarked using an individual stamp which allows to identify any person who sees, uses or manipulates the document. This enables the perpetrator to be identified and punished if documents are leaked.