Data room is a tool for collaboration that helps streamline due diligence and enhances the process of making deals. It is used for storing, sharing, accessing and managing sensitive files and documents. It offers a safe and secure environment for collaboration between various stakeholders. It supports different formats for files and integrates with cloud solutions to make access simple. It provides simple yet robust features like one-click document population workflows for Q&A based on role and 30plus advanced data discovery tools to increase productivity and automation.
It lets users search a database to find specific images, texts, or sections of documents. Users can also remove doc, docx, txt, ppt, jpg and GIF files in bulk to ensure the privacy of sensitive information. Additionally, it allows users to customize documents with custom watermarks to keep out unauthorized distribution and ensure the integrity of the documents. It also supports single sign-on and lets the platform to work with other identity management systems such as Okta, Ping Identity, Azure AD and OneLogin.
The user-friendly interface enables users to upload and browse documents in a variety of formats including PDF, DOCX as well as DOC, XLS, TXT and many more. It lets users label files to categorize them and then use them as search items. Up to eight levels of document permissions can be used to protect and privacy, such as fence view viewing, downloading encrypted PDFs and downloading original files. The tool is also available in more than 90 languages to provide worldwide support. Users will receive instant emails or notifications in-platform when critical thresholds or landmarks are reached that allow for proactive management.