Data room is a tool for collaboration that helps streamline https://tophousecompany.com/best-file-sharing-software-for-windows-10/ due diligence and enhances the deal-making process. It is used for storing sharing, accessing, sharing and managing sensitive files and documents. It offers an environment that is secure and safe for collaboration among multiple stakeholders. It also supports multiple formats for files and connects to cloud services for easy access. It is simple, but has powerful features like one-click document creation, role-based workflows to answer questions and more than 30 advanced data discovery tools to automate and enhance productivity.
It allows users to search databases in order to locate specific images, text or areas of documents. Users can also redact the doc, docx and txt, ppt, jpg and GIF files at a time, which ensures the privacy of sensitive information. It also allows users to modify documents by incorporating custom watermarks which help prevent unauthorized distribution of files and safeguard 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 allows users to upload and display documents in more than 25 different formats including PDF, DOCX, DOC, XLS and TXT. It lets users label files to categorize them and make them search items. Up to 8 levels of permissions for documents can be used to protect and privacy, including fence view, viewing, download encrypted PDF and downloading the original documents. The tool is also available in more than 90 languages to provide worldwide support. Users can receive immediate email or in-platform notifications about important milestones and thresholds that facilitate proactive management.