Using data room software streamlines due diligence processes and accelerates M&A deals. Protect sensitive information, manage the management of information and adhere to the requirements of regulatory agencies with secure storage, device agnostic data syncing, 24/7 support and easy integration into your workflow.
Simple navigation and a user-friendly interface makes it easy to locate files. You can adjust the settings and color scheme to match your brand. Add logo watermarks when viewing, downloading, or printing documents. Use an advanced Optical Character Recognition system to search for text in images or PDFs.
Set access permissions according to the role of each user within the project. For example, whether they can view documents, download them, or print them and how often they’ll be notified of new documents. Two-step verification of user identity uses a single-use password sent via SMS or an authenticator software to ensure that only authorized individuals can access the documents.
Keep track of tasks, Q&A threads, and due dates with emails that can be customized with regards to frequency via the dashboard. You can also include a summary of the file contents in the notification message.
The most effective data room software is compatible with a wide variety of operating systems and browsers including mobile phones as well as tablets. It allows uploading and conversion from a variety of popular formats such as Word and Excel, PNG and JPG, TXT and RTF, HTML, ZIP, and PDF. The solution is available on a flexible subscription plan and includes unlimited storage space and an automatic backup of the entire database and support for up to 10 users.
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