How Data Room Software Can Speed Up M&A Deals

Data room software speeds up M&A transactions and improves due diligence. Ensure the safety of sensitive information, manage the management of information and meet the requirements of regulatory agencies with secure storage, device agnostic data syncing, 24/7 support and easy integration with your workflow.

Simple navigation and a user-friendly interface make it easy to locate files. Flexible settings and a custom color scheme allow you to match the look of your virtual data space to your brand. Add e-signatures and watermarks for logos on documents when viewing, downloading or printing and use a powerful Optical Character Recognition (OCR) system to find text in PDFs or images.

Set access permissions based on the users‘ roles in the project, such as whether they are able to access, download or print documents, and how often they get updates on uploads to documents. Two-step user identity verification combines password and one-use code provided via SMS or authenticator application to ensure that only authorized persons are able to access the documents.

You can set the frequency of emails to keep the track of tasks, Q&A issues and deadlines to meet. You can also include a summary of the task in the notification message.

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

data room software