Data room is a collaboration tool that streamlines due diligence and enhances the deal-making process. It is used to save, share, access and manage sensitive files and documents. It offers the security and safety of a safe environment for collaboration between various stakeholders. It supports different file formats and integrates cloud solutions to make access simple. It provides simple yet robust features such as one-click document creation, role-based Q&A workflows and 30plus advanced data discovery tools for efficiency and automation.
It lets users search databases for specific text, images or parts of documents. Users can also delete doc, docx, txt or jpg, ppt, jpg or GIF files at a time, which ensures the privacy of sensitive data. In addition, it allows users to customize documents with customized watermarks that prevent unauthorized distribution and protect the integrity of the documents. It also supports single sign-on, allowing the platform to integrate with identity management systems, such as Okta Ping Identity Azure AD OneLogin.
The user-friendly interface allows users to upload and display documents in more than 25 different formats including PDF, DOCX and documents like DOC, XLS and TXT. Users can create labels to categorize and search for files. Up to eight levels of permissions for documents can be used to protect and privacy, including fence view viewing, downloading encrypted PDFs and downloading original documents. The tool is also available in more than 90 languages to provide worldwide support. Users will receive instant emails or in-platform notifications when critical thresholds or landmarks are reached and allows for proactive management.
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