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'''V-Rooms''' is a [[virtual data room]] provider located in [[Directory:Atlanta|Atlanta]], [[Directory:Georgia|Georgia]].   

'''V-Rooms''' is a [[virtual data room]] provider located in [[Directory:Atlanta|Atlanta]], [[Directory:Georgia|Georgia]].   

== What's a Virtual Data Room ==

== What's a Virtual Data Room? ==

It is also called a virtual data room or virtual deal room. Basically, it is a separate, password-protected website on a secure server. The secure server aspect is critical - it enables the website to be protected against being viewed by anyone other than those logging in with the correct usernames and passwords. If they enter these correctly, they are then in a fully controlled and secure environment.  

A virtual data room or virtual deal room is a separate, password-protected website on a secure server. The secure server aspect is critical - it enables the website to be protected against being viewed by anyone other than those logging in with the correct usernames and passwords.  

There are real reasons why a virtual due diligence room is preferable to the normal practice of assembling boxes of documents in a conference room or simply sending all the documents back and forth between the various parties by e-mail. Probably most importantly, e-mail is not a secure way of sending documents between the parties involved in the transaction. Documents could be intercepted while in transit, since few individuals today make much use of encryption - so the fact is that the document could be read by outsiders. It’s like sending deal documents written on a postcard through the mail. Given the sensitivity of many of the deals taking place on a daily basis, this alone is a powerful reason to switch to a secure and controlled methodology.

There are real reasons why a virtual due diligence room is preferable to the normal practice of assembling boxes of documents in a conference room or simply sending all the documents back and forth between the various parties by e-mail. Probably most importantly, e-mail is not a secure way of sending documents between the parties involved in the transaction. Documents could be intercepted while in transit, since few individuals today make much use of encryption - so the fact is that the document could be read by outsiders. It’s like sending deal documents written on a postcard through the mail. Given the sensitivity of many of the deals taking place on a daily basis, this alone is a powerful reason to switch to a secure and controlled methodology.