Data room app is a tool for collaboration that simplifies due diligence and improves the process of negotiating. It is used for storing, sharing, accessing and managing sensitive documents and files. It offers an secure and safe environment to collaborate with multiple stakeholders. It supports various formats for documents and integrates cloud solutions to make access easy. It is simple, but has powerful features such as one-click document generation as well as role-based workflows for Q&A and 30+ advanced data discovery tools to automate and increase productivity.
It allows users search a database to locate specific images, text or areas of documents. Users can also remove documents such as doc,docx,txt jpg gif jpg and gif in bulk to ensure the privacy of sensitive data. In addition, it helps users to personalize documents by adding custom watermarks to keep out unauthorized distribution and ensure the integrity of the files. It also supports single sign-on and enables the platform to integrate with identity management systems from outside such as Okta, Ping Identity, Azure AD and OneLogin.
The user-friendly interface allows users to upload and display documents in more than 25 different formats, including PDF, DOCX and DOC, XLS and TXT. Users can create labels to classify and search documents. To protect privacy and security up to eight levels of permissions for documents are possible, including fence view and viewing documents that are encrypted. It also allows downloading PDF files and downloading original documents. The tool can also be translated into over 90 languages for global support. Users can get instant email or in-platform notifications when critical thresholds or landmarks are reached which allows for proactive management.