Checklist
Drooms PORTFOLIO: Best Practices Checklist
Get the most out of your virtual data room (VDR). Work faster and avoid costly mistakes with our specialised checklist.
May 31, 2022
Get the most out of your virtual data room (VDR). Work faster and avoid costly mistakes with our specialised checklist.
There is no denying that data is key to effective decision-making. As part of its offering, Drooms users can centralise important files and folders in one place and leverage powerful tools to extract critical information quickly.
Purpose of project:
– To simplify the control, transparency and coordination of data throughout Europe
– To have quick and easy access to information
The COVID-19 crisis exposed the lack of investment in process digitisation and automation across multiple industry sectors, and real estate was no exception. Those organisations that had already implemented digital technologies for processes such as due diligence were in a better position to deal with remote working and closed offices than those still reliant on manual approaches.
It is only a matter of weeks before the General Data Protection Regulation (GDPR) comes into full force. Until now businesses have been spoilt for choice with the variety of cloud service providers on the market, but as the deadline for compliance to the GDPR looms, they will have a further obligation under the regulation: to vet their current providers and designate only reliable partners for data processing activities.
Regional governments and global institutions have been focusing on controlling the impact of bad debt on banks’ balance sheets for some time now. With the COVID-19 outbreak pushing debt levels higher, buyers and sellers must approach and manage nonperforming loans (NPLs) with care.
Enterprises shift to digital in the wake of the COVID-19 pandemic.
Navigating corporate restructuring or bankruptcy is challenging particularly during times of economic uncertainty and market volatility.
Among the 25 billion-dollar public companies that filed for bankruptcy in 2008 were the two largest in US history to date: Lehman Brothers Holdings and Washington Mutual.
