Unraveling Dealroom Software
The success of an acquisition or merger process is dependent on post-merger integration. The right tools for managing projects can drastically cut down M&A timeframes, increase productivity and enable businesses to benefit from an acquisition.
A project management tool that includes M&A features, as well as a virtual dataroom (VDR) which can help to improve collaboration and speed up due-diligence. The tool allows secure document exchange among multiple stakeholders, and supports a variety of M&A workflows.
The application comes with a drag-and-drop feature that allows users bulk import of folders and documents. The platform allows users to set permissions that restrict viewing editing, downloading, and viewing access. Its security features include two-factor authentication, a password policy and audit logs to ensure regulatory compliance. It also provides an app on mobile for anywhere, anytime access.
Dashboards allow users track the progress of diligence requests. They can also apply custom labels and schedule reminders for late requests. The tool helps them track high risk, at-risk and high priority requests in order to www.boardmanagementtools.info/dealroom-software-demystified-and-explored monitor due diligence. Its collaboration capabilities include an internal team calendar and the capability to share tasks, documents and meetings with external partners. Additionally, it comes with chat capabilities to make communication easier with counterparties and provide a central repository for all diligence-related information. The solution is suitable to small and medium-sized companies in any industry that is involved in M&A deals.