DRS data rooms give executive management greater control
Executive management must worry increasingly these days about the topics of confidentiality and corporate compliance.
Share prices may rise or fall drastically and valuations can skyrocket or crater because of a single leak of confidential documentation. Such occurrences have become very likely because too many employees have access and are either sending or carrying around potentially sensitive documents in the form of emails and/or portable hard drives.
Compliance reporting can easily compromise executive management when not handled in a predictable and structured way. Simple tools like virtual data rooms are necessary to ensure that the proper information can safely get to the proper authorities on time.
The Drooms®Corp offers an independent software solution for companies in all stages of their existence to securely communicate potentially sensitive information amongst board members and with external parties (such as regulatory authorities that carry out due diligence) when necessary. This virtual data room requires no installation and is therefore IT-friendly. Nearly as important, this corporate service is independent from the company's own IT department.
A sophisticated rights management regime determines who may review, print or save which corporate documents. Detailed reporting then provides information about all virtual data room activities for the purpose of audit and compliance.
Fewer eyes means less risk of compromise.