Kedutaan Besar Republik Indonesia
Embassy of the Republic of Indonesia
Ambassade de la RÉpublique d'Indonésie

Myths about the VDRs

Frankly speaking, the Deal Rooms are enormously successful nowadays. Flipside, there are people who spread the tales about the Electronic Repositories. It is clear that almost all of them are remote from reality. Plenty of undertakings are afraid of novel technologies. In view of this, they believe that the Virtual Platforms dispose of numerous drawbacks while they dispose of so many strengths which can be effective for your business.

  • One of the most widespread myths about the Online Deal Rooms is that they are crazy expensive . As a matter of fact, there are such providers on the market. On the other side, there are broad-ranging other Secure Online Data Rooms which have the same tools for the not high prices. On the assumption that you fail to choose between the broad variety of virtual venues, we advise you to look through the reviews and manifold websites about the ventures .
  • The globally known undertakings do not make use of the Digital Data Rooms by virtue of the fact that the land-based repositories are better for them. To understand that it is not so, it is highly recommended to glance over the clients’ lists of varied VDRs and you will see that a lot of worldwide renowned organizations do not like the Virtual Repositories. Nevertheless, it can be true that some of them combine the Virtual Repositories and the physical data rooms.
  • Your partners from the whole Earth will not deal with you in the Virtual Rooms. Your close associates will be glad that they will not pay excessively for the business trips for checking the papers. And before closing the transactions, they can communicate with you within the Q&A.
  • The Modern Deal Rooms will be effective only for the IT companies. Paying attention to all the instruments of the VDRs, it is worth saying that they will be valuable for any fields, like the hotel business, the bond houses, the biotechnologies and so on. The Virtual Platforms are also enormously successful because they can be irreplaceable for the M&A settlements.
  • Some companies claim that the Alternative Data Rooms are very complicated. It goes without question that in cases when you cannot use the laptops and cell phones, the Alternative Data-warehousing Systems will be complicated for you. Be that as it may, on circumstances that you work with these gadgets every day, it will be ordinary for you. Furthermore, you have all the rights to use the chargeless temporary subscriptions and to make use of some Virtual Data Rooms at no charge during two weeks and to reassure yourself.
  • It is a matter of course that you have heard that the Deal Rooms dispose of the same tools as the land-based repositories and some costless data-warehousing systems. Maybe, some of the functions are similar, but on condition that you do not want to become a victim of the leak of the data, you will have to pay attention to the fact that these 2 variants do not guarantee the perfect degree of safeness of your records. As for the ordinary depositories, you have seen that it is not the most interesting thing to make a search for the info for hours. At this rate, it is preferable to use the beyond reproach retrieval engines of the Secure Online Data Rooms . Not only you, but also your investors have the possibility to find everything like a bat out of hell.

To sum up, you can see with your own eyes that there is no point in listening to the lies. It is better to try and make your own decision. However, we have no doubt that you will get dealing with the VDRs.