Data room is a collaboration tool that streamlines due diligence and improves the process of negotiating. It is used to store documents, share them, and access and manage sensitive documents and files. It provides an environment that is secure and safe for collaboration between multiple stakeholders. It supports different formats for files and integrates with cloud solutions to make access simple. It comes with simple, yet powerful features, such as one-click populating documents, role-based Q&A workflows and 30+ advanced data discovery tools for efficiency and automation.
It allows users to search a database for specific images, text or sections of documents. Users can also remove files such as doc,docx,txt ppt images, jpgs, gifs and gifs in bulk to safeguard the security of sensitive data. Additionally, it permits users to customize documents with custom watermarks which help to prevent unauthorized distribution and protect the integrity of the files. It also allows single sign-on and allows the platform to integrate with external identity management systems like Okta, Ping Identity, Azure AD and OneLogin.
The user-friendly interface lets users upload and display documents in over 25 different formats including PDF, DOCX, and Doc, XLS and TXT. It lets users create labels to categorize files and 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 PDF, and downloading original files. The tool is also available in more than 90 languages to provide global support. Users will receive instant email or in-platform notifications for critical milestones and thresholds, which allows for proactive management.
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