Data room software simplifies due diligence processes and accelerates M&A deals. Secure storage, device-agnostic sync 24×7 support, as well as easy integration into your workflow can help you ensure the security of confidential information, control the management of information, and ensure compliance with the regulations.
Simple navigation and a simple interface make it easy to locate files. You can alter the settings and color scheme to match your brand. Enable e-signatures, add watermarks of your logo to documents after viewing, downloading or printing and make use of a powerful Optical Character Recognition (OCR) system to find text in PDFs or images.
Set access permissions according to the role of each user within the project. For instance, they can decide if they are allowed to view documents, download them, or print them, and how often they will receive notifications of new documents. Two-step verification of user identity includes a password and a one-use code that is sent via SMS or the authenticator app to ensure that only authorized persons have access to the documents.
You can adjust the frequency of emails to keep the track of tasks, Q&A topics and upcoming deadlines. You can also include a brief description of the contents of the file in the notification message.
The most reliable data room software is compatible with various operating systems and browsers like tablets and mobile phones. It supports uploading and changing from a variety of popular formats, including Word, Excel, PNG, JPG, PDF, TXT, RTF, HTML and ZIP. The software is available with a flexible subscription plan, which includes unlimited storage and automatic backups for the entire database, and support for 10 users.
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