The Virtual Data Rooms Software
The use of virtual data room software in the field of education is a new approach to the presentation and assimilation of scientific and methodological material in schools and universities. Pupils and students can work in unique experimental laboratories, observe and even take part in historical events, go into space, travel anywhere in the world, build three-dimensional diagrams and conduct chemical experiments. Participants of the virtual system can be in different cities and countries and interact with each other in the scientific field, together to observe experiments and participate in scientific developments.
The analysis of financial ratios is performed by comparing the obtained values with the recommended normative values that play the role of threshold standards. The software also performs:
- vertical and horizontal balance sheet analyzes;
- calculates a system of indicators of financial and economic activities;
- analyzes the economic potential of the company based on an assessment of property;
- financial condition, the presence of “sick” items in the report;
- is open and editable;
- the development was created by standard Microsoft Office Excel tools, which provides it with high reliability;
- no special installation is required;
- the software allows not only to quickly assess the “overall level of well-being” of the company and its prospects but also to prepare graphs illustrating the main indicators of the provided financial statements.
Comparison of Virtual Data Rooms Software
All organizations that compare virtual data rooms to modern protection and controls over the dissemination of information transferred to external counterparties are connected with the organizations that apply a virtual data room. But it should be noted that the opportunity to purchase these software products has only large organizations for which their price is reasonable. For smaller organizations, we can recommend the programs “Financial Analysis + Business Assessment” and “Excel Financial Analysis”. I would like to know again that the number of such software complexes is great, so the organization itself is to blame for the most optimal software product for itself.
Also, recent studies indicate that for companies from emerging economies, a very important motive for entering a foreign market is to gain quick access to technological innovation and advanced marketing and management know-how. Moreover, some companies from developing countries are characterized by aggressive takeover strategies to gain access to the latest technologies and strategic assets. It is something like the world around us, artificially created by technical means and presented in digital form. The created effects are projected on human consciousness and allow us to feel the sensations as close as possible to reality.
Every year, an even greater interest of mankind is the use of virtual technologies in the spheres of human life. This topic is relevant today. Currently, the conditions and way of life have new characteristics of the information society. Young people who are the “main consumers” of educational services, feel these differences very acutely and that is why more and more demands on the content, level, and quality of the educational process. Therefore, virtual technologies will help individualize curricula, open access to educational resources, increase the sociability of students and teachers, flexibility and manageability of the curriculum.