The most effective data room application is a secure and easy-to-use virtual repository for files that includes collaborative features, security and advanced due diligence. A good provider should be able to provide a subscription program that meets your specific requirements for your data room. They should also offer a 14-day trial of their software to allow you to try it out before committing.
Upload files using a simple drag and drop function and put them into the data room app online repository. Create and manage user permissions for view as well as downloading and printing of PDF documents that are secured based on their role in the project. Ensure that sensitive information isn’t exposed with granular document access controls and access logs. Secure data with encryption of 256 bits, SSL connection and two-step verification to ensure greater security. Watermarks can be personalized to make the data space more private.
With an intuitive interface, you can effortlessly navigate the virtual data room without learning curve. Tools for sorting and searching can help you speed up the due diligence process. Save time with the scroll-through viewer which automatically moves to the next document in the folder you’re viewing. You can sync your desktop files with corporate file storage, FTP using the virtual dataroom to streamline workflows.
A good data room should be staffed with a dedicated support personnel that are available during normal business hours. You can call them, send an email or make use of the live chat option on their website to receive quick answers to any queries you may have.