Data room app is an online collaboration tool that assists in streamlining due diligence and enhance the deal-making process. It is used to store documents, share them, and access and manage sensitive files and documents. It offers security and security for collaboration among multiple stakeholders. It supports various formats for files and integrates with cloud solutions to make access simple. It comes with simple but powerful features like one-click document generation, role-based workflows to answer questions and 30+ advanced data discovery tools to automate and increase productivity.
It lets users to search databases in order to locate specific images, text or parts of documents. Users can also redact documents like doc, docx, txt, ppt GIF, jpg, gif and gif in bulk to protect the security of sensitive data. It also lets users alter documents by adding custom watermarks which can prevent the unauthorised distribution of documents and protect their integrity. It also supports single-sign-on and allows the platform to work with identity management systems like Okta Ping Identity Azure AD OneLogin.
The user-friendly interface lets users upload and display documents in more than 25 different formats such as 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 PDFs and downloading original files. The tool is also available in over 90 languages to provide global assistance. Users will receive instant email or in-platform notifications regarding important milestones and thresholds that facilitate proactive management.
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