https://www.yourdataroom.org/life-sciences
The software for your data room is a unique due-diligence software that helps to organize, structure and ease of use to a long and complex process. During M&A, capital raising, tenders and other corporate events, there are many documents that need to be reviewed before a final decision is made. Making sense of all the information can be time-consuming and is prone to errors.
There are plenty of essential features that can be used to make the process of reviewing more efficient. One of the most crucial is a comprehensive Q&A tool that lets you add comments or questions and responses to all documents within the data room in real-time. Other security features include fence view screen locking, screen locking, and encryption. These options can help to prevent unauthorised access and decrease the risk that cyberattacks or breaches could occur once sensitive data leaves your company firewall.
Another important feature is flexible permission settings that can be set based on the role, folder or document level. For instance, you may be able to restrict the viewing or downloading of spreadsheets to specific users, but also give the option for users to add notes of their own.
If you require more advanced features, go with a provider who offers customisable security controls. For example, iDeals allows you to add a custom watermark on any document and set up multiple user permissions including “view only” modes fencing view, screenshot blocking remote wipe and up to eight levels of access control. It also supports multiple languages and has redaction built-in.