Data room is a collaboration tool which streamlines due diligence and improves the process of making deals. It is used to store data, sharing, accessing and managing sensitive documents and files. It provides security and security for collaboration among multiple stakeholders. It also supports a variety of formats for files and connects to cloud solutions for quick access. It provides simple but powerful features like 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 databases to locate specific text, images, or parts of documents. Users can also delete files like doc, Docx, TXT ppt images, jpgs, gifs and gifs in large quantities to protect the security of sensitive information. It also allows users to customize documents by incorporating custom watermarks that help to prevent the unauthorized distribution of files and ensures their integrity. It also supports single-sign-on, allowing the platform to integrate with identity management systems like Okta Ping Identity Azure AD OneLogin.
The user-friendly interface allows users to upload and view documents in 25+ different formats including PDF, DOCX and DOC formats, XLS TXT, and more. It allows users to label files to categorize them and then use them as search items. For security and privacy Up to eight levels of document permissions are possible including viewing and fence view download of encrypted PDF as well as downloading original documents. The tool can also be translated into over 90 languages to support global users. Users will receive instant email or in-platform notifications for critical milestones and thresholds that facilitate proactive management.