Your data room is a unique due diligence tool that offers organisation, structure and a user-friendly interface for a complex and lengthy process. When it comes to M&A tenders, capital raising and other corporate events, there are countless documents that must be reviewed before a final decision can be made. Making sense of all this information is a time-consuming task and prone to error.

There are numerous features that make reviewing more efficient. One of the most helpful features is a robust Q&A feature that lets you add comments, questions, and answers in real-time to every document in the data room. Other security features include fence view as well as screen locking and encryption. These will help to prevent unauthorized access and reduce the possibility of cyberattacks and breaches that could occur once sensitive data leaves your company firewall.

Granular permission settings are another important feature. They can be applied to roles, folders and documents. For instance, you might be able to restrict the viewing or downloading of spreadsheets for certain users only and also provide the option for users to add their own notes.

If you need more advanced features, search for a vendor that provides customizable security controls. iDeals for instance, allows you to add a customized watermark on documents and to set multiple permissions including ‚view only modes, fence views, screenshot blocking, and remote wipe, as well as up to eight levels document access control. It also includes redaction, and it supports a variety of languages.

https://www.yourdataroom.org/providers-features