The software for your data room is a unique due diligence software that offers structure, organization and user-friendliness to a complex and lengthy process. During M&As, tenders and capital raisings, as well with other corporate events www.yourdataroom.org/virtual-data-room-pricing/ numerous documents have to be viewed to help make an informed decision. Compiling all this information is time-consuming and prone to error.
There are a variety of options that can make the review process more efficient. One of the most effective features is a robust Q&A feature that allows you to add questions, comments, and answers in real-time to all documents in a data room. Other security features include fence view security, screen locking and encryption. These options will prevent unauthorised access, and lower the chance that cyberattacks or breaches could occur after sensitive information leaves your company’s firewall.
Another crucial feature is the flexible permission settings that can be applied based upon the role, folder or document level. For instance, you might wish to restrict access or downloading of spreadsheets to certain users only, and also offer the option for viewers to add notes of their own.
If you need more advanced features, search for a vendor that provides customizable security features. For example, iDeals allows you to add a custom-designed watermark to every document and to set multiple user permissions including “view only” modes, fence view block, screenshot blocking remote wipe and up to eight levels of document access control. It also supports multiple languages and comes with redaction built-in.