Data room software accelerates M&A transactions and streamlines due diligence. Secure storage, sync with no device, 24×7 support, and simple integration into your workflow will aid in ensuring the security of sensitive data, manage the management of information, and ensure compliance with the requirements of regulatory agencies.
Simple navigation and a simple interface make it easy to locate files. Customizable settings and a flexible color scheme enable you to match the look of your data room to your branding. Enable e-signatures, add watermarks of your logo to documents after printing, downloading, or viewing and utilize a powerful Optical Character Recognition (OCR) system to search for text in PDFs or images.
Set access permissions based on the roles of users within the project. For example, whether they are able to view documents, download them, or print them and how often they will receive notifications of new documents. Two-step verification of user identity combines the use of a password with a single-use code sent via SMS or authenticator software to ensure only authorized users are able to access the documents.
You can adjust the frequency of email notifications to keep track of tasks, Q&A topics, and deadlines that are coming up. You can also opt to include an overview of the file contents in the notification message.
The most effective data room software is compatible with a broad variety of operating systems and browsers such as mobile phones and tablets. It supports conversion and uploading from a variety of popular formats, like Word and Excel, PNG and JPG, TXT and RTF, HTML ZIP, PDF. The solution is available on a flexible subscription plan and includes unlimited storage space and a backup that is automatically created of the entire database, and support for up to 10 users.