How Data Room Software Can Speed Up M&A Deals

Data room software accelerates M&A transactions and simplifies due diligence. Secure confidential information, control information management and comply with regulations by using secure storage, device-agnostic data syncing, 24/7 support and easy integration with your workflow.

Simple user interface and intuitive navigation aid you find files quickly and efficiently. You can alter the settings and color scheme to fit your brand. Use logo watermarks for viewing, downloading, or printing documents. Utilize an advanced Optical Character Recognition system to search text in images and PDFs.

Set access permissions for users based on their‘ roles in the project – whether they can access, download or print documents, and how often they get notifications about new uploads of documents. Two-step user identification verification combines the use of a password with a single-use code that is sent via SMS or an authenticator applications to ensure that only authorized users can access the documents.

You can alter the frequency of emails to keep on top of tasks, questions and answers topics and upcoming deadlines. You can also opt to include an overview of the contents of the file in the notification message.

The most reliable data room software is compatible with a wide range operating systems and browsers including tablet computers and mobile phones. It supports uploading and conversion from many popular formats such as Word and Excel, PNG and JPG, TXT and RTF, HTML, ZIP, and PDF. The solution is available on a flexible subscription plan and 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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