this link about complex guidance for virtual data rooms

Virtual Data Rooms are online repository sites that are used to store and distribute documents. It’s typically used during due diligence in M&A transactions, loan syndication and private equity and venture capital deals. VDRs are an extremely secure and safe method to share sensitive information with third-party companies.

When selecting a VDR make sure you choose one that offers a variety of pricing options. Some charge a monthly flat cost while others employ different models like per storage and per page or per user. Some also have unlimited plans that permit users to access and upload as much data as they wish.

Find a company that has strong security features, such as malware and antivirus scanning, multifactor authentication and advanced encryption. In addition, you should be able to set permissions down to the level of the file folder. This allows you to restrict access to a team member and project members, as well as business unit.

Then, think about ease of access. A reliable VDR is one that has an easy configuration that is accessible to both the C-suite and accountants who are just starting out. Look for a customizable UI color schemes and at-a-glance reports that can be tailored to highlight crucial data.

During the M&A stage, investment bankers and advisers share piles and piles of documents with regulators and investors. The best VDR solution lets them manage document management, simplify tasks and automate processes all from one centralized location. This improves collaboration between teams and lowers risk. It also improves efficiency and transparency when conducting due diligence.