Data room app is an online collaboration tool that aids in reducing due diligence and improve the process of negotiating. It is used to store, sharing, accessing and managing sensitive documents and files. It provides an environment that is secure and secure to collaborate with multiple stakeholders. It also supports various file formats and integrates with cloud solutions for quick access. It is simple, but has powerful features such as one-click document generation, role-based workflows to answer questions and 30+ advanced data discovery tools to automate and increase productivity.

It lets users search databases for specific text, images or even areas of documents. Users can also remove doc, docx, txt or jpg, ppt, jpg or GIF files at a time, which ensures the security of sensitive information. In addition, it helps users to customize documents with custom watermarks to stop unauthorized distribution and safeguard the integrity of the files. It also supports single sign-on and lets the platform to connect with external identity management systems such as Okta, Ping Identity, Azure AD and OneLogin.

The user-friendly interface lets users to upload and browse documents in a variety of formats like PDF, DOCX and DOC formats, XLS TXT, and more. It allows users to label files to categorize them and then use them as search items. Up to 8 levels of document permissions can be implemented for security and privacy, including fence view, viewing, download encrypted PDF and downloading the original documents. The tool is also able to be translated into more than 90 languages to support global users. Users can receive immediate email or in-platform notifications about important milestones and thresholds that facilitate proactive management.

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