Your data room is a unique due diligence tool that provides structure, organization, and ease of use for a lengthy and complex process. During M&As, tenders and capital www.yourdataroom.org/board-portal/ raising, as well in other corporate events, numerous documents must be reviewed in order to make an informed decision. It is time-consuming to look through all this information, and it can be prone to mistakes.

There are a variety of features that can improve the process of reviewing efficient. One of them is a powerful Q&A tool that lets you add comments as well as questions and answers to all documents in the data room in real-time. Other security features include fence view security, screen locking and encryption. These options will help prevent unauthorised access, and lower the chance that cyberattacks, or breaches could occur once sensitive information leaves your company’s firewall.

Another essential feature is adjustable permission settings, which can be set based on role, folder and document level. For instance, you could decide to limit viewing or downloading of spreadsheets to a select group of users only and also provide the option for users to make notes of their own.

If you’re looking for more advanced features, you should choose a provider that can provide you with custom security controls. For example, iDeals allows you to add a custom watermark on all documents and configure multiple user permissions including ‘view only’ modes including fence view and screenshot blocking remote wipe, and up to eight levels of access control. It also includes redaction, and it supports a variety of languages.