Blog Virtual Data Room
08.11.2024 // Tips
ESG considerations are today integral to every due diligence audit. That is true of mergers, acquisitions and capital procurement measures alike. Companies therefore need to document their ESG initiatives meticulously and make this documentation readily accessible to all stakeholders. The default netfiles folder structure now also includes ESG criteria and makes this task considerably easier.
26.09.2024 // General
Even small companies often work across different locations and need to share confidential data. While many still do so via e-mail or cloud storage services, neither option fully meets the standards of data protection, IT security and compliance that are required today. Virtual data rooms do meet these demands, however, and are the ideal setting for secure data exchange and online collaboration.
09.09.2024 // Tips
Confidential and personal content in PDF documents can be redacted directly in the netfiles data room to ensure compliance with data protection regulations. As an administrator or user with editing rights, you can black out individual words or entire sections.
22.04.2024 // News
The trend in insolvencies in Germany has seen significant momentum since the beginning of 2024. Following the expiry of government aid measures introduced during the COVID-19 pandemic, insolvency figures returned to pre-pandemic levels. According to the Federal Statistical Office, the number of company bankruptcies rose significantly in the first quarter of the year compared to the same period last year: 26 percent in January, 18 percent in February and 12.3 percent in March.
24.01.2024 // General
The exchange of confidential data is an important aspect of many business processes, such as mergers and acquisitions, due diligence audits or corporate financing rounds. However, confidential data is also regularly exchanged in day-to-day business. It is crucial that the data is protected against unauthorized access, manipulation or loss. One way to ensure this is to use virtual data rooms.
11.10.2023 // News
The new Q&A standard workflow enables the flexible and fast processing of questions in the due diligence process. A data room administrator can now accept and assign new questions in one step or answer and release them themselves.