Data room software accelerates M&A transactions and simplifies due diligence. Secure storage, sync with no device and support 24×7 seamless integration into your workflow can help you ensure the safety of sensitive data, manage information management, and comply with the requirements of regulatory agencies.
Simple navigation and a straightforward user interface allow you to easily locate files. You can alter the settings and color scheme to match your brand. Include logo watermarks when browsing, downloading, or printing documents. Use the powerful Optical Character Recognition system to search for text in images or PDFs.
Set access permissions for users based on their’ roles in the project – whether they are able to view, download or print documents, and how often they receive notifications about new uploads of documents. Two-step user identity verification includes a password and a one-use code delivered via SMS or authenticator application to ensure that only authorized persons have access to the documents.
You can adjust the frequency of email notifications to keep track of tasks, Q&A subjects and deadlines coming up. You can also choose to include an overview of the contents of your file in the notification message.
The best software for managing data rooms is compatible with a broad range of operating systems and browsers, including mobile phones and tablets. It supports uploading and converting from a variety of popular formats, including Word, Excel, PNG, JPG, PDF, TXT, RTF, HTML and ZIP. The software is available as an affordable subscription plan that includes unlimited storage space as well as an automatic backup of the entire database as well as support for up to 10 users.
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