Donnelley Venue Virtual Data Rooms have been on the market since 2016. The headquarters are located in Chicago, USA. Typically, this platform is chosen by medium and large businesses. The basic needs that users meet with this tool are:
mergers and acquisitions
the organization, management, and exchange of data
cooperation with investors.
The data is available only to those individuals who have passed the 2-step verification procedure. The ways to protect documents are encryption, watermarks, access restriction. By allowing access to a person or a group of persons, the manager can observe and control actions using the tracking tool. This information is in a report that they receive when needed.
The interface is multilingual, which expands the provider’s client base. The controls are simple and do not require IT skills. Finding a document takes seconds as the user only has to enter the name of the file required. Donnelley Venue bulk upload also saves time by making it possible to upload a large number of docs at once. Developed mobile applications provide additional opportunities for business people. Data of any format is accessible from any device. Technical support works around the clock. A team of professionals offers assistance in mastering the program. Also, clients can get advice on operating during the conclusion of transactions. It is possible by email or call. Donnelley Venue team considers themselves as a partner to support organizations when needed.
The main reason for the pride of the developers of the virtual data room is built-in artificial intelligence. This innovative tool automates the review of contracts for the user. Extracting the most significant data from the contract speeds up analysis by making it more accurate. Due diligence parties often use this feature. The VDR provider has received awards from M&A Atlas more than once. It is proof of the satisfactory level of service delivered by this company.