Data room app is a collaboration tool that helps streamline due diligence and improves the process of making deals. It can be used to store, share, access and manage sensitive files and documents. It offers an environment that is secure and safe for collaboration between various stakeholders. It supports various formats for documents and integrates cloud solutions to make access simple. It offers simple but robust features such as one-click document generation, role-based workflows to answer questions and 30+ advanced data discovery tools that automatize and boost productivity.
It allows users to search a database for specific text, images or sections of documents. Users can also edit documents such as docx, txt images, ppt, jpg and gif files in bulk ensuring the privacy of sensitive data. Additionally, it allows users to modify documents with customized https://tophousecompany.com/to-be-on-the-right-track-with-the-virtual-data-room-tutorial/ watermarks that in preventing unauthorized distribution as well as protect the integrity of the files. It also supports single sign-on and enables the platform to integrate with identity management systems from outside such as Okta, Ping Identity, Azure AD and OneLogin.
The user-friendly interface allows users to upload and browse documents in more than 25 different formats like PDF, DOCX, DOC, XLS TXT, and more. Users can create labels to classify and search files. Up to 8 levels of permissions for documents can be set up to ensure security and privacy, such as fence view viewing, downloading encrypted PDF, and downloading original documents. The tool is also able to be translated into more than 90 languages, providing global support. Users can receive immediate email or in-platform notifications for critical milestones and thresholds, which allows for proactive management.