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The software for your data room is a unique due-diligence software that provides organisation, structure and a user-friendly interface to a complicated and protracted process. In M&As and tenders, capital raising, as well as other corporate events, numerous documents need to be reviewed to make an informed decision. Combing through all of this information is time-consuming and is prone to errors.
There are many options that can make reviewing more efficient. One of them is a powerful Q&A tool that lets you add comments, questions and answers to all www.yourdataroom.org/real-estate/ documents in the data room in real-time. Another is a variety of security options, including fence view, screen-locking and encryption. These options will prevent unauthorized access, and reduce the risk that cyberattacks or breaches could occur once sensitive data leaves the firewall of your company.
Granular permission settings are a second essential feature. They can be applied to roles, folders and documents. You might want to limit the downloading or viewing of spreadsheets to specific users, and let them add notes.
If you’re looking for more advanced features, look for a provider that offers customizable security features. For example, iDeals allows you to add a custom watermark to all documents and configure a variety of user permissions including “view only” modes including fence view screen blocking remote wipe and up to eight levels of access control. It also comes with built-in redaction, and it supports a variety of languages.
