Using data room software streamlines due diligence processes and speeds up M&A deals. Secure confidential information, ensure the management of information and adhere to regulatory standards with secure storage, device-agnostic syncing, 24×7 support and easy integration into your workflow.
Simple user interface and intuitive navigation will help you find files quickly and efficiently. The ability to customize settings and a color scheme enable you to make your virtual data space to your brand. Include logo watermarks when browsing or downloading documents. Utilize a powerful Optical Character Recognition system to search text in images as well as PDFs.
Set access permissions based on the roles of the users within the project. For instance, they can decide if they are allowed to view documents, download them or print them and how often they’ll receive notifications of new documents. Two-step verification of identity for users uses a single-use password delivered via SMS or authenticator apps to ensure that only authorized parties have access to the documents.
Keep on top of tasks, Q&A threads and upcoming deadlines with email notifications that you can alter with regards to frequency via the dashboard. You can also include a summary of the contents of the file in the notification message.
The most effective software for managing data rooms is compatible with a wide range of operating systems and browsers including mobile phones as well as tablets. It allows for uploading and conversion from various popular formats, like Word, Excel, PNG, JPG, PDF, TXT, RTF, HTML and article source ZIP. The software is available as an affordable subscription plan that includes unlimited storage space as well as an automatic backup of the entire database, and support for up to 10 users.
