Online vdr is a web-based data storage service that provides professional-grade security and control over the sharing of confidential files with third parties. It allows businesses across industries to securely share large files to support mission-critical processes such as M&A due diligence and compliance as well as litigation. Unlike file sharing services such as Dropbox or Google Drive, a VDR offers sophisticated permissions settings and a robust audit trail that reveals the exact date and time the document was opened and printed or downloaded by the user. It also allows administrators to watermark documents and set expiration dates to access, and remotely deactivate or revoke printing and download capabilities to prevent leaks or unwanted disclosures.

VDRs permit collaboration between authorized users to redline or mark up documents. This means that there is no need for email or other unsecure methods of communication. VDRs also allow businesses to securely preserve and track changes made on the documents, which is business etiquette important when they are later modified or altered by the other user.

Reputable VDR providers provide their pricing plans and data usage allowances on their websites. This prevents surprises and overages in the future. Some VDR providers also offer subscriptions based on the number of users, storage capacity and duration of the project, rather than per-document fees or one-off costs. This is a great option for businesses who require a flexible, easily scalable solution that is able to be utilized for multiple projects or use cases.