How Data Room Software Can Speed Up M&A Deals

Data room software accelerates M&A transactions and streamlines due diligence. Protect confidential information, ensure the management of information and adhere to regulations by using secure storage, device agnostic software, 24×7 support, and a simple integration with your workflow.

Simple user interface and intuitive navigation will help you locate files quickly and efficiently. You can customize 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 utilize a powerful Optical Character Recognition (OCR) system to locate text in PDFs or images.

Create access rights based on the role of each user within the project. For instance, if they can read documents, download them or print them, and how often they’ll be notified of new documents. Two-step authentication of user identities combines password and one-use code sent via SMS or an authenticator software to ensure that only authorized parties can access the documents.

You can customize the frequency of email notifications to keep track of tasks, Q&A topics, and deadlines that are coming up. You can also include a brief summary of the contents of the file in the notification message.

The most effective data room software can be used with an array of operating systems and browsers including tablet computers and mobile phones. It supports uploading and converting from many popular formats like Word and Excel, PNG and JPG, TXT and RTF, HTML ZIP, PDF. The solution includes a flexible subscription plan, which includes unlimited storage and automatic backups for the entire database, and support for 10 users.

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