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Data migration is vital to the success of digital transformation. The most effective vdr migration solutions provide the tools needed to transfer and convert data without putting it at risk for destruction during the process or having its quality inadvertently affected once the copy has been completed.

In addition to supporting an extensive range of file codecs, the best vdr file migration solutions offer effective and detailed management. You can manage a vast number of documents and share them with others. This type of function allows them to be ideal for a wide range of business deals that include mergers and acquisitions, economic home loan lifecycle management, syndication and regulatory disclosure.

The most effective VDRs also have preconfigured connectors and templates for transactions that speed up integration implementations and simplify maintenance – all at a lower cost of ownership. Nexus, for example, offers transaction templates that are designed to deal with the specific needs of manufacturing and engineering, including release of part/BOMs as well as significant data transfers, information synchronizations and triggers for state changes.

It is vital to be capable of scaling up or down the capacity of a VDR according to amount of traffic to keep projects on track and within budget. The most effective solutions allow you to limit who can access your documents using granular permissions and view-only discovery for approved users. They also support workflow functions, such as automatic redaction that lets you identify logos or other texts on images that require protection.