Utilizing data room software helps streamline due diligence processes and speeds up M&A deals. Secure storage, device-agnostic sync and support 24×7 simple integration into your workflow will help you ensure the security of sensitive data, manage the management of information and comply with the regulatory requirements.
Simple navigation and a user-friendly interface make it easy to locate files. The ability to customize settings and a color scheme allow you to make your data room to your branding. Add logo watermarks when viewing, downloading, or printing documents. Use a powerful Optical Character Recognition system to search for text in images and PDFs.
Set access permissions based on the users roles within the project – whether they are able to print, download or view documents, and how often they receive new document upload notifications. Two-step authentication for user identification combines a password and a one-use code that is sent via SMS or an authenticator application to ensure that only authorized users are able to access the documents.
You can adjust the frequency of email notifications to keep track of tasks, Q&A issues and deadlines to meet. You can also opt to include a brief summary of the file contents in the notification message.
The most powerful data room software works with various operating systems and browsers, including mobile phones and tablet computers. It supports uploading and conversion from many popular formats like Word and Excel, PNG and JPG, TXT and RTF, HTML ZIP, PDF. The software is available as a subscription plan that is flexible and includes unlimited storage space and an automatic backup of the entire database as well as support for up to 10 users.
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