Utilizing data room software helps streamline due diligence processes and accelerates M&A deals. Secure storage, sync with no device and support 24×7 easy integration into your workflow can help you ensure the security of confidential data, monitor information management, and comply with the regulatory requirements.
A simple user interface and intuitive navigation helps you find files quickly and efficiently. You can adjust the settings and color scheme to match your brand. Allow e-signatures, and add watermarks with logos to documents after viewing, downloading or printing and use a robust Optical Character Recognition (OCR) system to locate text in images or PDFs.
Create access permissions based on the role of each user 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 be notified of new documents. Two-step verification of identity for users uses a single-use password that is sent via SMS or the authenticator apps to ensure that only authorized individuals can access the documents.
You can customize the frequency of emails to keep on top of tasks, questions and answers issues and deadlines to meet. You can also include a summary in the notification message.
The most reliable data room software can be used with various operating systems and browsers including tablets and mobile phones. It supports uploading and converting from various popular formats, such as Word, Excel, PNG, JPG, PDF, TXT, RTF, HTML and ZIP. The solution includes an affordable subscription plan that includes unlimited storage, an automatic backup for the entire database, and support for 10 users.
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