Your data room is a unique due https://www.yourdataroom.org/ diligence tool that offers organisation, structure and ease of use for a long and complicated process. In M&A, tenders, capital raising and other corporate events, there are many documents that need to be reviewed before a decision is made. It is time-consuming to look through all this information, and it is susceptible to errors.
There are a variety of essential features that can be used in making the review process more efficient. One of the most beneficial features is a robust Q&A feature which allows you to add comments, questions, and answers in real-time to all documents within the data room. Other security features include fence view as well as screen locking and encryption. These options will help prevent access to your data that is not authorized, and also reduce the possibility that cyberattacks and breaches could occur after sensitive data is removed from your firewall.
Granular permission settings are a second essential feature. They can be applied to roles, folders and documents. For instance, you may wish to restrict access or downloading of spreadsheets to a select group of users, but also give the option to viewers to add their own notes.
If you require more advanced features, you should choose a provider who offers customisable security control. For example, iDeals allows you to add a custom-designed watermark to all documents and configure multiple user permissions including 'view only’ modes, fence view, screenshot blocking remote wipe and up to eight levels of access control. It also comes with built-in redaction, and it supports a variety of languages.