Virtual document storage is a great way to store personal documents on the internet and make them available in case of a disaster, such as a fire or burglary. It’s also a great option to share documents with friends and family members and other important parties like lawyers or accountants. It is possible to save data digitally and not have to purchase physical filing cabinets and other items for filing.
Secure file storage systems automate a variety of tasks and workflows that are related to managing files, making them easier to share and manage. They can boost productivity, simplify compliance, and reduce operational costs by enabling teams to focus on customer service and delivering value.
WorkSpace creates compound documents when a parent document contains OLE links that link to the component files. It is a document with its own set of APIs and attributes. The person who wrote the document is in charge of the logical arrangement of its files and changes in the order these files are placed are visible in the logical structure of the compound document.
This is helpful when a document has multiple authors or if the order of the files in a file is important to the authors. A component of a virtual document may also be early tied to a version label so that the component is retrieved as that version. This binding replaces all late bindings that may have been used on the document.
http://www.vdr-software.blog/document-safe-storage-online-solutions-for-ease-management/