Data Rooms improve collaboration between business entities with project management feature

Large companies must adapt their business strategies to suit the digital business landscape. Virtual technologies will provide new opportunities for digital transformation. 

Virtual Data Room – secure storage for your data

The transition to digital technologies is an inevitable phenomenon, although many market participants with a certain degree of mistrust refer to the active development of information technologies, seeing them as a threat to the traditional way of business. At the same time, numerous examples of successful practices in the implementation of innovative technologies pose a challenge for companies to change business models, optimize the workflow through the introduction of fundamentally new software and hardware solutions. An example of such a solution is using Virtual Data Rooms (VDRs) for providing a secure data repository. 

The origins of Data Rooms go back to the M&A area. For the purpose of examining an investment project in a company or a property, the relevant documents are securely stored in the data rooms for the auditing firms involved and their investors. Today VDRs are commonly used in different spheres including due diligence, data room banking deals, audits, venture capital, etc.

Data Room is designed to formalize standard procedures for working with documents (workflows) in organizations where such work is a daily practice. An important feature of VDRs is that they provide an opportunity to comprehensively solve numerous management tasks. In addition, their implementation may be more productive. Data Room is more efficient because it is easier to optimize. The costs of introducing these systems are recouped not only by increasing the speed of information exchange and reducing the cost of storing papers, but also by reducing the number of employees working with documents.

Basic functions of Data Room provider

In accordance with the basic principles of organization of electronic document management Data Room provides the following functions:

  • Centralized document management. VDR allows you to quickly change the form of documents used in the organization.
  • Document lifecycle support. The software allows you to strictly control the lifecycle of documents, taking into account the requirements of the corporate environment, as well as industry standards and legislation.
  • Collective work on documents. VDR gives the possibility to organize collective work on the document, and it can be attended by professionals in different offices.
  • Ensuring confidentiality. Data Rooms provide the ability to sign documents with an electronic signature and encrypt them.
  • Routing of documents. The service enables the automatic transfer of the document to the necessary person.Sending documents for review or approval within the company indicating the approved sequence of route participants and their role in the business process.
  • Access control. It allows differentiating the powers of employees of the organization and to control access to documents.

Thanks to the above functionality, the introduction of Digital Data Room allows reducing the cost of time and money for registration, reliable storage and convenient search of documents, determine the technology of internal documents in the enterprise, and very importantly, remotely manage databases.Data about negotiations in VDR exists only within its limits and is not physically stored.

Possibility of introducing standardization into Data Room

With centralized database management, the database administrator can ensure that all the necessary standards governing the presentation of data in the system are adhered to. Standards can be private, corporate, departmental, industrial, and international. Standardization of data presentation is most important from the point of view of data exchange and transfer between systems. Also, naming standards and documenting data are important both in terms of sharing and describing it.

The best Full HD Chromebook for small business

No matter what your budget allows, it always makes sense to ask around for the best Chromebooks. These superb Chrome OS laptops are no longer limited to the “very budget laptop” label but have taken their place in the computer market as truly essential tools for work.

Why choose a Chromebook

Impressive models, including the Acer Chromebook 315, Google Pixelbook Go, and Lenovo IdeaPad Duet Chromebook, prove that the best Chromebooks are portable devices capable of competing with some of the Windows 10 laptops. Though underrated, they remain efficient and multitasking devices with great specs, premium builds, and extremely long battery life.

To make them even more valuable, Chromebooks offer versatility. Most models offer:

  • 2-in-1 form factor;
  • Touchscreens;
  • Stylus support.

The following device is right in the best spot of price balance with excellent build quality and performance. It’s portable, powerful, and probably exactly what you’re looking for.

Acer Chromebook Spin 15

One of the few Chromebooks with a 15-inch display, and it’s the only 2-in-1 in this form factor, making it a bit of a rarity. With a size and form factor closer to a premium 15-inch notebook than a budget netbook, the Acer Chromebook Spin 15 provides the same screen area as its much more expensive competitors. This display also flips, and while you won’t want to use it as a tablet in your hand — it’s too massive for that — you’ll love the multimedia mode for hyping Netflix in bed.

The Acer Chromebook Spin 15 is big enough to accommodate all the space you need for multitasking, instead of feeling cramped when you have two windows next to each other on one of the more advanced Chromebook offerings. In addition, the 2-in-1 features an Intel Pentium N4200 dual-core processor and 4GB of RAM, which provides increased multi-core performance and enough memory to provide multitasking without feeling like any serious system lag. This Chromebook is priced at $399.

The keyboard is comfortable and pleasant to use, offering enough movement, resistance, and key spacing for pleasant typing that isn’t tiring or too loud to distract the neighbors in the office. The upward-facing speakers – located on either side of the keyboard – though hollow, without bass and capable of boosting midrange frequencies, are loud enough for use alone or if you have a couple of friends.

The size of this laptop also gives you room to stretch. The smaller Chromebook is more portable, but it can also feel cramped, especially if you’re a big person with equally big hands. It even has a decent keyboard and touchpad, and it can last forever thanks to a substantial battery. This makes some problems — such as minor audio distortion, no dedicated video outputs, and an outdated design – a little easier to overlook. If size and power are what you’re looking for in your budget Chromebook, the Acer Chromebook Spin 15 is your best choice.

Business acumen: How to develop it

There are many opinions about this quality as “business acumen”. Many consider it something like a talent “given from birth”. However, with the proper motivation, this quality is quite possible to develop.

The main thing is to set the right task

To begin with, let’s define what “business acumen” is. Take as a basis the following:

  • Excellent planning;
  • Organization of work and accounts;
  • The ability to work productively;
  • The originality of ideas.

This concept is ambiguous, and apparently, that’s why there are a large number of definitions.

What to do

Take advantage of the following tips:

  1. Plan and execute. When there is a lot to do, planning can seem like a waste of time. How can you sit quietly at your desk in front of a piece of paper when you’re already not getting anything done? In fact, devoting 10-15 minutes of your time to morning planning saves you a lot more time during the day. If you feel more comfortable, make a plan for the next workday at the end of the current one.
  2. If possible, do more than one thing at a time. If you can do two things at the same time – do so. For example, plan the order of all business trips together to determine the shortest route. Gather all your business financial needs and go to the bank once a week instead of twice. Keep and continually replenish the list of office supplies you need and, once you’re near the right store, buy whatever is needed.
  3. Let other people take care of your secondary concerns. FedEx will pick up your order and deliver it. Many office equipment and stationery suppliers offer free shipping for a certain order size. Let other people handle these issues, you can use the time saved for other things.
  4. Ask for help. If you need to do a project that requires more than one hour of pointless labor, ask friends or family members to help you with a soda (or beer). Ask for all sorts of help, from picking and setting up media packages to packing and delivering orders. With this approach, the project can be done in one evening when otherwise it might take a whole week to do it all.
  5. Take notes. It’s so easy to leave messages and write reminders on small pieces of paper and post-it notes. But then those pieces of paper and post-its fill up your entire workspace. Instead, have one large, spring-loaded notebook at the top. Keep it on your desk by your phone. Take it with you on business trips. Each morning, write the date on the top of a new page and write your to-do plan on the same page.

You need all the time you can find to achieve your goals. These ideas are not a bad start. Perhaps your family members or friends have some ideas too, ask them for their suggestions. Read books on time management and articles on self-organization. One good idea can save you hours of time.

How to share a Steam game with a friend

Now you can share games, thankfully the developers of the store have recently added a useful option Family Sharing, which allows to share applications from your own library with other people. You can activate this mode only if Steam GUARD is enabled in your settings.

What is needed to share your

Sharing a game on Steam is easy, but you’ll need to give the other person all your account info, including your Steam GUARD login name, password, and security key. But there are also a few limitations, with which it is advisable to read before changing the settings:

  • It is possible to play someone else’s games until the account owner decides to run something himself. If this happens, the other person will be automatically “kicked out” of the account in about five minutes.
  • Only an entire library can be shared, not an individual game.
  • Your library can only be used on up to 10 devices (five profiles). One user can use several computers at the same time.
  • If the person you gave the access to decides to engage in fraud and other illegal activities, not only the other user’s profile but also your account will be blocked.

Thus, if you have decided to give access to Steam games to a friend, you need to make sure that the person is reliable before you do it. If it’s not someone you know in real life, then connect with a person by using Steam friend code and get to know him a little bit. And in general, it’s better never to share your account data with strangers.

How to share a game with a friend

The main limitation is that you can give the game in Steam to your friend only if your account is already tied to Steam GUARD. As a rule, to install additional protection you only need to confirm your own email address and phone number.

When everything is ready, follow the instructions:

  1. Log into your account from the computer your friend will be using. To do this, you’ll have to enter all of your personal information, including your username, password, and security key.
  2. Open the “Steam” tab and select “Settings. Pay attention to the side menu, where all the available items are located. Next, click on the “Family” section.
  3. Look for the “Family Library Sharing” section. Just check the box next to “Authorise Library sharing on this computer”. Additionally, you can also select a specific account if more than one person is using the same device.
  4. To save the changes, click “OK” and close the window.

Now you know how to share games with a friend. And what does another user have to do to launch one of your games? Just log in to your profile and look at the library. That’s where the applications from your account will be located.

Best freelance platforms of all time

Freelancers, and business owners looking for services, now have much more choice. Whether you’re a freelancer or someone looking for services, which platform should you choose?

Fiverr – the most popular

A popular site that allows freelancers to sell their services. There has been tremendous growth in the freelancing industry over the past few years. New business models and opportunities have led to the emergence of the gig economy.

It has evolved into one of the world’s largest digital services markets. It brings buyers and sellers together in everything from programming to art. Vendors come in with different skills and levels of knowledge.

Pros include:

  • Free placement of your services;
  • No need to bid on jobs;
  • Tips on the cost of gigs.

Without a doubt, Fiverr is one of the best platforms for freelancers to find jobs and get paid. If you are tired of using it and are looking for better alternatives, this article is for you.

5 alternatives to Fiverr

Freelancing doesn’t begin and end with Fiverr, there are countless alternatives. Here are 5 sites like Fiverr worth considering:

Upwork

This site is at the top of the list for a variety of reasons. First, Upwork allows you to interview freelancers before you hire them. You can also ask them to do a sample so you can access their features. Upwork also comes with desktop and mobile apps, which you’ll find extremely useful. The apps are pretty robust and include most of the features available on the website.

Freelancer

This is one of the oldest and arguably the largest freelance website, with more than 21 million users. One feature that sets Freelancer apart from other Web sites is the ability to compete when you post a job. Here you describe your job requirements, and several people try to complete them. You then choose the best and pay for it.

Guru

This website has been around for more than 20 years and was once the best site for freelancers. That was before it was surpassed by companies like Fiverr and Upwork. However, many users remain loyal to Guru, making it a great place to find someone with a proven track record. Once you sign up, you can post a job with your job specs, and Guru will in turn send you a list of freelancers to choose from.

PeoplePerHour

This is a British site that allows you to hire freelancers on an hourly basis. The PeoplePerHour team vets each freelancer before allowing them on their platform, thereby ensuring that only qualified specialists are available for hire. Unlike other sites, assignments are managed online, allowing you to track the progress of your work through their dashboard.

Giggrabbers

This is a relatively new site. However, there is one thing that will instantly draw you to it. They don’t charge a transaction fee. That’s right, it’s completely free to the employer. All transaction fees are charged to the freelancer. On top of that, Giggrabbers includes a crowdsourcing feature that allows you to create a social media campaign to raise money for your project.