14 Août Key Features to Look For in Your Data Room Software
The https://www.yourdataroom.org/life-sciences software for your data room is a unique due diligence software that provides organisation, structure and user-friendliness to a lengthy and complicated process. In M&A, tenders, capital raising and other corporate events, there are a myriad of documents that must be reviewed before a final decision is made. Combing through all of these documents can be a lengthy process and prone to error.
There are several features that can make the review process more efficient. One of the most important is a dependable Q&A tool that lets you add comments or questions and responses to all documents in the data room in real-time. Other security features include fence view screen locking, screen locking, and encryption. These options will help prevent unauthorised access, and lower the risk that cyberattacks or security breaches could occur when sensitive data leaves your company firewall.
Granular permission settings are another essential feature. They can be applied to roles, folders and documents. For instance, you could wish to restrict access or downloading of spreadsheets to specific users, but also give the option for users to make notes of their own.
If you’re looking for more advanced features, look for a service that provides customized security controls. iDeals for instance, allows you to create a custom watermark on documents and to set multiple permissions, including ‘view-only modes, fence views, screenshot blocking, and remote wipe, as well as up to eight levels document access control. It also supports multiple languages and comes with redaction built-in.