Use of virtual data room during an M&A lifecycle

M&A deals can overwhelm buyers and sellers, burying them under an deluge of paper, repeat requests, and wait-time. These often unmanageable tasks, slow down the M&A process, leave too much room for human errors, cause valuable loss of company time, and can kill the deals. However, Secure Virtual Data Room designed with M&A in mind allow stakeholders to work more collaboratively, effectively, and efficiently throughout the lifecycle of a deal.

VDR play an important role

DocullyVDR gives everyone involved in the M&A deal the best and most secure data storage and file sharing platform. Here they can place request, share, organize, and store thousands of sensitive information. The DocullyVDR enables collaboration and comes fully equipped with features that help speed up VDR due diligence and streamline workflows:

Allow secure storing and sharing of documents

DocullyVDR – the most secure virtual data room providers enable documents such as financial statements and employee information to be kept in a safe, two-step required authentication space. These documents are not only encrypted, but are also carefully controlled by the room’s organizer. Besides being the best virtual data room providers, it offers Bank-grade secured platform,   256 Bit AES Encryption for data in transit and at rest, Enterprise class secure password protocol. DocullyVDR is hosted on SOC-2 Certified Microsoft Azure. Data center with two-tier authentication and is connected via secure SSL. Granular Permissions allow you to control your documents on a group or user level, down to document level

Allow stakeholders in different locations to easily access and collaborate

Virtual data rooms allow for collaboration between stakeholders from all across the globe. Thanks to it’s advanced technology there is a two-way flow of information between parties, which results in improved communication and increased transparency. This also means there is a centralized hub of information.

Helps eliminate work (specifically redundant work)

The state-of-the-art technology of sophisticated Virtual  data rooms designed for M&A often allow users to eliminate work through features such as automatic elimination of duplicate requests, bulk dragging and dropping of documents, full-text searches, and auto-indexing, as well as the ability to assign tasks, live link documents, and produce reports with the click of a button. It also facilitates users to easily analyze and organize files.

Allows Full Traceability and Live Reporting

Today’s M&A teams need the functionality that will generate accurate document and activity reports in real-time.  Secure virtual data room for Mergers and Acquisitions provides advanced functionality that generates reports documenting up-to-the-minute user activity.

They also provide your team with the ability to create detailed and customized in-depth reports to your M&A teams – get insight into your deal with enriched and invaluable oversight of the activity of each user group.

The benefits of using a secure virtual data room in an M&A process

From the staging period, to document collection, to closing, all the way to post-close integration, M&A data rooms keep everything organized and manageable. They encourage collaboration between the management team and interested parties, allows for safe file sharing, and provides users with helpful data analytics. All buyer document requests and communication regarding the due diligence process can go through one secure data storage and file sharing platform. Everything is updated in real-time, so users don’t have to worry about version control.

In fact, a virtual data room is the best solution not only to perform due diligence but also to store all the information in the due diligence pre-phase and to maintain a site to keep communication in the post phase.