Data room software accelerates M&A transactions and helps streamline due diligence. Secure storage, device-agnostic sync with 24/7 support, and seamless integration into your workflow will help you ensure the security of confidential data, monitor the management of information, and ensure compliance with the regulations.
Simple navigation and a straightforward user interface allow you to easily locate files. Customizable settings and a flexible color scheme enable you to create a look that matches your data room to your branding. Add e-signatures and watermarks of your logo to documents after printing, downloading, or viewing and use a robust Optical Character Recognition (OCR) system to locate text in images or PDFs.
Set access rights based on users roles within the project – whether they can print, download or view documents and how often they get updates on uploads to documents. Two-step verification of user identity combines an authentication code and a password. It is a one-time code that is sent via SMS or an authenticator software to ensure that only authorized users are able to access the documents.
You can adjust the frequency of email notifications to keep in mind tasks, Q&A subjects and deadlines coming up. You can also include a summary of the task in the notification message.
The most effective data room software is compatible with a wide variety of operating systems and browsers, including mobile phones and tablets. It allows for uploading and conversion from many popular formats, such as Word, Excel, PNG, JPG, PDF, TXT, RTF, HTML and ZIP. The software is available as an affordable subscription plan that includes unlimited storage space and a backup that is automatically created of the entire database and support for up to 10 users.
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