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Data room is an online collaboration tool that aids in reducing due diligence and improve the process of making deals. It is used to store information, sharing, accessing, and managing sensitive documents and files. It provides an secure and safe environment for collaboration between various stakeholders. It supports different formats for documents and integrates cloud solutions to facilitate access. It is simple but has powerful features, such as one-click populating documents as well as role-based Q&A workflows. 30plus advanced data discovery tools to improve productivity and automation.
It allows users to search a database for specific images, text or even areas of documents. Users can also redact files like doc, Docx, TXT ppt the gif, jpg, and gif in large quantities to protect the privacy of sensitive data. Additionally, it permits users to modify documents with custom watermarks to in preventing unauthorized distribution as well as protect the integrity of the documents. It also supports single-sign-on, which allows the platform to integrate with identity management systems such as Okta Ping Identity Azure AD OneLogin.
The user-friendly interface allows users to upload and display documents in over 25 different formats including PDF, DOCX, and documents like DOC, XLS and TXT. It allows users to create labels to categorize files and then use them as search items. To protect privacy and security up to 8 levels of permissions for documents are possible including fence view and viewing the PDF file encrypted, downloading it and downloading original documents. The tool is also available in over 90 languages to offer global assistance. Users will receive instant emails or notifications in-platform when critical thresholds and landmarks are reached which allows for proactive management.