Data room software accelerates M&A transactions and helps streamline due diligence. Make sure that confidential information, control information management and comply with the requirements of regulatory agencies with secure storage, device-agnostic sync, 24/7 support and seamless integration with your workflow.
Simple navigation and a simple interface make it easy to find files. Customizable settings and a customizable color scheme enable you to match the look of your virtual data space to your brand. Add e-signatures and watermarks with logos to documents after printing, downloading, or viewing and make use of a powerful Optical Character Recognition (OCR) system to locate text in images or PDFs.
Create 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 uses a single-use password provided via SMS or authenticator apps to ensure that only authorized users can access the documents.
You can set the frequency of email notifications to keep track of tasks, Q&A subjects and deadlines coming up. You can also include a summary in the notification message.
The best data room software is compatible with a wide range of operating systems and browsers, including mobile phones and tablets. It supports uploading and conversion from many popular formats like Word and Excel, PNG and JPG, TXT and RTF, HTML, ZIP, and PDF. The software offers a flexible subscription plan that includes unlimited storage and backups automatically for the entire database, and support for 10 users.
