The use of data room software can streamline due diligence processes and speeds up M&A deals. Secure storage, device-agnostic sync with 24/7 support, and easy integration into your workflow can help you ensure the safety of sensitive data, manage information management, and abide with regulatory requirements.
A simple user interface and intuitive navigation aid you find files quickly and efficiently. You can adjust the settings and color scheme to match your brand. Add logo watermarks when viewing, downloading, or printing documents. Utilize the powerful Optical Character Recognition system to search text in images and PDFs.
Set access permissions based on the click here for info users’ roles 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 authentication of user identities combines password and one-use code provided via SMS or authenticator app to ensure that only authorized parties are able to access the documents.
Keep the track of your tasks, Q&A threads, and due dates with email notifications that can be set in terms of frequency through the dashboard. You can also include a brief summary of the file contents in the notification message.
The best software for managing data rooms is compatible with a wide range of operating systems as well as browsers such as mobile phones and 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, PDF. The software comes with an affordable subscription plan, which includes unlimited storage and backups automatically for the entire database, and support for 10 users.