Data room app is a collaboration tool that streamlines due diligence and improves the deal-making process. It is used for storing data, sharing, accessing and managing sensitive documents and files. It offers https://tophousecompany.com/to-be-on-the-right-track-with-the-virtual-data-room-tutorial/ security and safety for collaboration between multiple stakeholders. It also supports various formats for files and connects to cloud solutions for quick access. It comes with simple but powerful features, such as one-click document creation and workflows based on role for Q&A and 30+ data discovery tools that automatize and boost productivity.

It allows users to search databases for specific images, text or even areas of documents. Users can also delete files like doc, Docx, TXT ppt the gif, jpg, and gif in bulk to ensure the privacy of sensitive data. It also allows users to alter documents by incorporating custom watermarks which help prevent unauthorized distribution of files and safeguard their integrity. It also supports single sign-on and lets the platform to work with external identity management systems like Okta, Ping Identity, Azure AD and OneLogin.

The user-friendly interface allows users to upload and display documents in more than 25 different formats such as PDF, DOCX, Doc, XLS and TXT. Users can create labels to categorize and search files. Up to eight levels of document permissions can be used to protect and privacy, such as fence view, viewing, download encrypted PDF and downloading the original files. The tool can also be translated into over 90 languages to provide global support. Users will receive instant emails or notifications on the platform when crucial thresholds or landmarks are reached that allow for proactive management.