Data room software simplifies due diligence processes and accelerates M&A deals. Secure storage, sync with no device with 24/7 support, and simple integration into your workflow can help you ensure the safety of confidential information, control the management of information, and ensure compliance with the regulatory requirements.
Simple navigation and a simple interface make it easy to find files. You can going paperless alter the settings and color scheme to reflect your brand. Enable e-signatures, add logo watermarks to documents upon printing, downloading, or viewing and use a robust Optical Character Recognition (OCR) system to search for text in images or PDFs.
Create access permissions based on the roles of the users within the project. For example, whether they are allowed to 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 provided via SMS or authenticator software to ensure that only authorized users can access the documents.
Keep the track of your tasks, Q&A threads, and approaching deadlines by sending out email notifications that can be set with regards to frequency via the dashboard. You can also include a brief summary of the contents of your file in the notification message.
The most reliable data room software supports the widest range of operating systems and browsers such as mobile phones and tablet computers. It supports conversion and uploading from a variety of popular formats, such as Word and Excel, PNG and JPG, TXT and RTF, HTML ZIP, PDF. The solution includes a flexible subscription plan that offers unlimited storage and backups automatically for the entire database, and support for 10 users.