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Due diligence is a frequent use case for VDR solutions, as it will involve both the sell-side and the buy-side preparing to disclose large amounts of documentation to each other. A chance to upload and organize that documentation and easily discuss it on this stage can significantly improve the efficiency from the process that help accelerate M&A deals.
Existence science corporations – Biotech, pharma and medical device companies frequently use a VDR to maintain and share their sensitive documentation during transactions with third parties. This could make their transactions better and quicker while also saving them money about travel costs and providing a greater amount of security than traditional email or physical documents.
Investment loan companies – IPOs, capital raising and M&A processes often involve significant volumes of documentation which might be difficult to take care of. A VDR may simplify these kinds of processes and will be offering advanced secureness features like granular record permissions and activity tracking.