Data room software speeds up M&A transactions and helps streamline due diligence. Secure storage, device-agnostic sync and support 24×7 simple integration into your workflow can assist you in ensuring the security of confidential data, monitor the management of information, and ensure compliance with the regulations.
Simple user interface and intuitive navigation aid you locate files quickly and efficiently. You can adjust the settings and color scheme to match your brand. You can enable e-signatures, or add logo watermarks to documents upon printing, downloading, or viewing and use a powerful Optical Character Recognition (OCR) system to search for text in PDFs or images.
Create access rights based on the role of each user within the project. For instance, they can decide if they are able to view documents, download them or print them, and how often they’ll receive notifications of new documents. Two-step authentication of user identities uses a single-use password sent via SMS or an authenticator software to ensure that only authorized individuals can access the documents.
You can alter the frequency of emails to keep track of tasks, Q&A topics and upcoming deadlines. You can include a summary within the notification message.
The most effective data room software is compatible with a wide range of operating systems and browsers such as mobile phones and tablets. It supports uploading and changing from various popular formats, including Word, Excel, PNG, JPG, PDF, TXT, RTF, HTML and ZIP. The software is available as a subscription plan that is flexible and includes unlimited storage space as well as an automatic backup of the entire database and support for up to 10 users.