Utilizing data room software helps streamline due diligence processes and accelerates M&A deals. Ensure the safety of confidential information, control the management of information and meet regulatory standards with secure storage, device-agnostic software, 24×7 support, and easy integration with your workflow.

Simple navigation and a user-friendly interface allow you to easily locate files. Customizable settings and a flexible color scheme allow you to ensure that your data room to your branding. Allow e-signatures, and add watermarks for logos on documents when viewing, downloading or printing and make use of a powerful Optical Character Recognition (OCR) system to find text in PDFs or images.

Set access rights based on users’ roles in the project, such as whether they are able to print, download, or view documents and how often they receive notification of new uploads. Two-step authentication of user identities combines password and one-use code provided via SMS or authenticator app to ensure that only authorized parties can access the documents.

Keep on top of tasks, Q&A threads, and upcoming deadlines with email notifications that you can alter in terms you could try these out of frequency through the dashboard. You can also opt to include a brief description of the file’s contents in the notification message.

The best data room software is compatible with a broad range of operating systems and browsers including mobile phones and tablets. It allows for uploading and conversion from a variety of popular formats, such as Word, Excel, PNG, JPG, PDF, TXT, RTF, HTML and ZIP. The solution comes with a flexible subscription plan that provides unlimited storage as well as an automatic backup of the entire database, and support for 10 users.