4 Features of online deal rooms that normally get forgotten

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Online deal rooms became popular quite quickly. They make the distribution of files easy and rapid. Also, this virtual repository offers the opportunity to work out better communication within employees and investors and boost the teamwork in the firm. Data rooms are a safe and organized space where companies can handle numerous projects at the same time. But while most of the users see only obvious tools, virtual data rooms have something more to give. There are some unusual instruments that data rooms providers give their customers. Using them companiescan boost their processes even more. So let's take a look at these instruments.

"Email In"

Email is a basic app pre-installed on pretty much any device. So it is extremely simple to reach the inbox or send an electronic letter. That's why we use this tool almost every day. Considering that, it's only logical for digital data room providers to offer the "Email In" tool that lets uploading documents to the VDR directly from the email. This tool allows saving time and knocks out all the hassle from the upload process.

data room

Additionally, this tool eases the process of the interaction with a electronic data room for those who are not really good in technologies. Being able to use the already familiar program they won't slow down the workflow of the whole company. Uploading the information using this instrument all members of the team will be able to contribute to the flow of the data.

"View As"

One of the considerable advantages VDRs have is an outstanding safety. And the most important part is that users can control the safety of their uploaded data. But it is also good to have an opportunity to check if everything is set up in the right way. The "View As" tool allows entering the electronic data room as if you are some other employee or group of users with a certain amount of access. It helps to be confident that they will see more than they need to see and avoid issues related to the data leak.

Q&A on VDR

Thistoolis amazing for upgrading the teamwork. It will let solving questionable moments during the deal and making sure all team members are happy with how the process is going. The Q&A feature absolutely should be used during M&A and other deals that involve lots of discussions on different issues. With this tool, users can be confident that they all are on the same page and no one is missing details.

Watermarks

Although many online meeting rooms providers see watermarks as one of their most important selling points, this tool consistently get overlooked. It is rather a mistake to not to use this tool. With a watermark, users can protect their data from theft and illegal use. If there is some instrument in a digital data room - you must at least test it. Providers offer a broad diversity of instruments to satisfy the needs of any corporation. So every manager can basically build their own exclusive virtual data room, using a certain set ofinstrumentsand profit from using virtual data room datasite merrill as much as possible.