Data room is a web-based collaboration tool that aids in reducing due diligence and improve the process of negotiating. It can be used to store and share access to, as well as manage sensitive files and documents. It provides security and safety for collaboration between various stakeholders. It supports different formats for files and integrates with cloud solutions to facilitate access. It offers simple but robust features such as one-click document creation as well as role-based workflows for Q&A and 30+ advanced data-discovery tools to automate and tophousecompany.com/best-email-hosting-providers/ enhance productivity.
It lets users search databases for specific images, text or parts of documents. Users can also redact files like doc, Docx, TXT ppt GIF, jpg, gif and gif in large quantities to protect the privacy of sensitive data. It also allows users to customize documents by adding custom watermarks that help to prevent the unauthorized distribution of files and protect their integrity. It also supports single sign-on, allowing the platform to work with identity management systems like Okta Ping Identity Azure AD OneLogin.
The user-friendly interface enables users to upload and browse documents in a variety of formats including PDF, DocX and DOC formats, XLS, TXT and many more. Users can create labels to classify and search files. Up to 8 levels of document permissions can be set up to ensure security and privacy, such as fence view, viewing, download encrypted PDF, and downloading original documents. The tool is also able to be translated into over 90 languages for global support. Users will receive instant email or in-platform notifications about important milestones and thresholds, which allows for proactive management.