Data room software accelerates M&A transactions and streamlines due diligence. Make sure that confidential information, ensure information management and abide by the requirements of regulatory agencies with secure storage, device agnostic software, 24×7 support, and easy integration with your workflow.

A simple user interface and intuitive navigation aid you find files quickly and efficiently. You can modify the settings and color scheme so that they match your brand. Use logo watermarks for viewing or downloading documents. Utilize a powerful Optical Character Recognition system to search for text in images and PDFs.

Set access permissions based on users’ roles in the project – whether they are able to view, download or print documents, and how often they are notified of updates on uploads to documents. Two-step verification of identity for users uses a single-use password sent via SMS or an authenticator application to ensure that only authorized individuals can access the documents.

You can set the frequency of emails to keep the track of tasks, Q&A topics, and deadlines that are coming up. You can also choose to include a summary of the file’s contents in the notification message.

The most effective data room software supports the widest range of operating systems and browsers including tablets and mobile phones. It supports uploading and converting from a variety of popular formats like Word and Excel, PNG and JPG, TXT and RTF, HTML, ZIP, and PDF. The software is available as an affordable subscription plan that includes unlimited storage space as well as an automatic backup of the entire database and support for up to 10 users.

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