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Data room is a web-based collaboration tool that assists in streamlining due diligence and enhance the process of making deals. It is used for storing information, sharing, accessing, and managing sensitive files and documents. It provides an environment that is secure and safe for collaboration among tophousecompany.com/what-should-be-included-in-a-resolution-of-the-board-meeting/ multiple stakeholders. It supports various formats for documents and integrates cloud solutions to make access simple. It is simple but has powerful features like one-click document population workflows for Q&A based on role and 30plus advanced tools for data discovery to improve productivity and automation.

It lets users search databases for specific images, text or sections of documents. Users can also delete the doc, docx and txt as well as ppt, jpg, and gif files in bulk ensuring the security of sensitive information. It also allows users to customize documents by incorporating custom watermarks which can prevent the unauthorised distribution of documents and protect their integrity. It also supports single sign-on and lets the platform to integrate with identity management systems from outside like Okta, Ping Identity, Azure AD and OneLogin.

The user-friendly interface lets users to upload and view documents in 25+ different formats including PDF, DocX and DOC formats, XLS TXT, and 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 the PDF file encrypted, downloading it and downloading original documents. The tool can also be translated into over 90 languages for global support. Users can receive instant email or in-platform notifications regarding important milestones and thresholds that facilitate proactive management.

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