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Data room is an online collaboration tool that helps streamline due diligence and improve the process of making deals. It is used to save data, share, access, and manage sensitive files and documents. It offers a secure https://tophousecompany.com/the-roundup-of-3-of-the-leading-board-portal-software-in-the-field/ and safe environment for collaboration among multiple stakeholders. It supports various formats and incorporates cloud solutions to make access easy. It offers simple but robust features like one-click document generation, role-based workflows for Q&A and 30+ advanced data-discovery tools to automate and improve productivity.

It allows users to search a database in order to find specific text, images, or even areas of documents. Users can also redact the doc, docx and txt as well as ppt, jpg, and GIF files in bulk to ensure the privacy of sensitive data. In addition, it helps users to customize documents with custom watermarks which help to in preventing unauthorized distribution as well as protect the integrity of the files. It also supports single-sign-on and allows the platform to work with identity management systems like Okta Ping Identity Azure AD OneLogin.

The user-friendly interface allows users to upload and view documents in more than 25 different formats, including PDF, DOCX, DOC, XLS, TXT and many more. Users can create labels to categorize and search files. For security and privacy, up to 8 levels of document permissions are possible, including viewing and fence view, downloading encrypted PDF and downloading original documents. The tool is also available in more than 90 languages to provide worldwide support. Users can receive instant emails or notifications on the platform when crucial thresholds and landmarks are reached and allows for proactive management.

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