Virtual document storage is an excellent way to organize personal files on the internet and make them available in case of a disaster, such as a fire or burglary. It’s a great way to share important documents with family members and friends as well as important people like lawyers or accountants. It is possible to save data digitally and avoid purchasing physical filing cabinets or materials for filing.
Secure storage for files automates a variety of tasks and workflows that are associated with managing files making them easier to share and manage. They can boost productivity, simplify compliance and reduce operational costs.
If a parent document contains OLE links to component files, WorkSpace creates a special type of virtual file called a compound document. The document has its own set of APIs and attributes. The person who created a virtual file has control over the order in which its constituent files are arranged. Changes in this order will be implemented in logical order within the document compound.
This is helpful when documents have multiple authors or if the sequence of files within the file is important to the authors. A component of a digital document may also be early linked to a version number so that the element can be retrieved as that version. This binding is superior to all later bindings that may be used on the document.
http://www.vdr-software.blog/document-safe-storage-online-solutions-for-ease-management/