What to Look For in a Data Room App
The most effective data room is a virtual file repository that has advanced features for collaboration, due diligence and security. A reliable provider will be able to modify an account to satisfy your requirements for a data room. They should also offer a 14-day trial of their software so that you can test it before you commit.
Upload files with the drag-and-drop feature, and then organize them in the online repository. Create and manage user permissions that allow viewing as well as downloading and printing of PDF documents that are secured dependent on their function in the project. Access logs and document controls that are granular will ensure that sensitive information does not leak out. Secure data with encryption of 256 bits, SSL connection and two-step verification for increased security. Make the data room more private by adding custom watermarks.
With a user-friendly interface, you can easily move through the virtual data room with no learning curve. Speed up the due diligence process by quickly finding and analyzing information with the help of powerful search and sorting tools. Reduce time using a scroll-through view that automatically shifts to the next document in the folder you are watching. Transfer files from your desktop FTP, corporate or desktop storage with the virtual data room for streamlined workflows.
A good data room should have a dedicated team of support personnel that are available during normal working hours. You can contact them by phone, send an email or make use of the live chat option on their site to get fast answers to any questions you might have.