Data room is an online collaboration tool that aids in reducing due diligence and improve the deal-making process. It is used for storing tophousecompany.com/virtual-data-room-software-for-protected-performance/ data, sharing, accessing and managing sensitive documents and files. It provides a secure and safe environment for collaboration between multiple stakeholders. It supports different formats for documents and integrates cloud solutions to make access easy. It provides simple but powerful features like one-click document creation and workflows based on role for Q&A and 30+ advanced data-discovery tools that automatize and boost productivity.

It allows users to search a database in order to find specific text, images, or areas of documents. Users can also redact files like doc, Docx, TXT ppt the gif, jpg, and gif in large quantities to protect the security of sensitive data. In addition, it allows users to personalize documents by adding customized watermarks that stop unauthorized distribution and safeguard the integrity of the files. It also supports single sign-on, allowing the platform to integrate with identity management systems such as Okta Ping Identity Azure AD OneLogin.

The user-friendly interface enables users to upload and view documents in 25+ different formats, including PDF, DOCX, DOC, XLS TXT, and more. It lets users label files to categorize them and use them as search items. Up to 8 levels of document permissions can be set up to ensure security and privacy, including fence view viewing, downloading encrypted PDFs and downloading original documents. The tool is also able to be translated into over 90 languages, providing global support. Users can receive immediate emails or notifications within the platform when important milestones or thresholds are reached and allows for proactive management.