Data room app is an online collaboration tool that aids in reducing due diligence and enhance the deal-making process. It can be used to store and share access to, as well as manage sensitive documents and files. It provides the security and safety of a safe environment to collaborate with multiple stakeholders. It also supports a variety of formats for files and connects to cloud solutions for quick access. It provides simple but powerful features like one-click document generation, role-based workflows to answer questions and more than 30 advanced data discovery tools to automate and enhance productivity.

It lets users search a database for specific images, text or even areas of documents. Users can also delete documents such as docx, txt images, ppt, jpg and GIF files in bulk, ensuring the privacy of sensitive information. It also lets users alter documents by incorporating custom watermarks which can prevent the unauthorised distribution of documents and protect their integrity. It also supports single sign-on, allowing the platform to work with identity management systems like Okta Ping Identity Azure AD OneLogin.

The user-friendly interface lets users to upload and browse documents in 25+ different formats including PDF, DocX as well as DOC, XLS, TXT and many more. Users can create labels to classify and search documents. Up to eight levels of document permissions can be set up to ensure security and privacy, including fence view, viewing, download encrypted PDFs and downloading original documents. The tool can also be translated into over 90 languages to provide global support. Users will receive email notifications immediately or notifications on the platform for important thresholds and milestones which facilitates proactive management.