https://www.sharingvirtual.net/what-is-docusign-transaction-rooms

In the past, you could have shared files with your colleagues by emailing or printing them. In the future, you’ll have to utilize document sharing software that allows real-time collaboration and supports the latest file formats.

A good document-sharing solution provides an easy-to-use management interface and the tools to ensure that content is safe, secure and synchronized across devices and teams. It also offers the capacity to handle large documents of varying sizes. It is also able to be backup to the cloud in order to safeguard against catastrophes and loss of data.

Cloud-based and on-premise document sharing systems are the most popular. Both options provide security, however on-premise solutions are better suited for companies with strict information security policies. For instance, on-premise is not dependent on the internet connection, so it won’t suffer a crash if lose internet access.

File-sharing software is useful for teams with remote locations and hybrid teams. It removes the need for teams to share files via email and helps them avoid wasting time trying to track down versions or identify who made what modifications. It also ensures a single source of truth for projects.

Most project management applications are connected to a document sharing platform in order to improve workflow. ClickUp is one example. It lets users upload files directly into the application. They can then collaborate in real time. It also has the Docs feature that lets users create documents and share them with anyone in the company. It also integrates with more than 1,000 work applications to make switching between apps and increase productivity.