Data room software enables businesses to streamline, speed up and simplify the due diligence process to help prepare for a deal or IPO. It includes powerful delivery features to help users upload files to provide a faster and more secure experience. It also offers a variety of security features, including specific document permissions, access to view-only documents and custom watermarks. It also provides real-time audit trail and graphical reports to make tracking activity more efficient.
The software supports more than 14 languages and comes with a scroll-through feature to facilitate seamless file browsing. It also has an effective search feature that allows users to find specific content within any file in the data room. Users can also make notes on files that are only viewable by them. This way, if someone other than the third party team accesses the same file, they will not be able to see the author’s notes.
It claims to have the simplest interface on the market. It also offers a range of fundamental features, including bulk uploads by drag-and-drop, and Q&A features. It is used in many different industries, including realtors and tax professionals.
It is compliant and complies with ISO 27001, GDPR, GCP and HIPAA for medical and biotech companies. It provides an encrypted virtual workspace where users can collaborate on documents in real-time, and also share the documents. Its advanced security features include bank-level encryption at rest and while in transit, granular permissions for both folders and files with a password-protected download option as well as a custom watermark and the expiration date for viewing documents. It also has an integrated electronic signature that works with over 30 types of files.
https://razergamingsoftware.com/virtual-data-room-pricing-structures/