Dataroom software allows users to securely store and manage important documents, according to its website. It is used in M&A transactions, loan syndications and licensing, as well as restructuring. It boasts faster uploads, security measures like SmartLock that allows administrators to deactivate access to files even after downloading, built-in redaction and DocuSign integration. The system is equipped with dedicated project managers as well as security that is bank-grade.
Other features include drag-and-drop document upload in bulk, bulk document and invitation upload, custom watermarks, advanced notifications as well as audit trails as well as reports and audit trails. Its pricing is competitive. It is often called VDR (virtual deal room). The software is easily integrated with other tools to improve workflows. It is available for a trial period of no cost. It is available on secure vdr Linux and Windows operating systems.