Unraveling Dealroom Software

In merger and acquisition processes the success of a deal depends to a large extent on how well post-merger integration is conducted. The right tools for managing projects can significantly reduce M&A times, boost productivity, and help businesses gain significant value from the deal.

A tool for managing projects that includes M&A features along with a virtual dataroom (VDR), can help to speed collaboration and speed due-diligence. The software allows secure document exchange with multiple stakeholders and supports a variety of M&A workflows.

The application dealroom software demystified includes an easy drag-anddrop upload feature that allows users to import folders and documents in bulk. The platform lets users modify permission settings to limit viewing, editing and downloading access. Security measures include an encryption policy for passwords two-factor authentication, audit logs to enhance compliance with regulations. It also provides an app for mobile users to access anytime and anywhere.

Users can monitor the progress of diligence requests with an easy-to-read dashboard. They can set reminders for late requests and use custom labels to categorize requests. The tool can help them track high risk, at-risk and high priority requests to ensure due diligence. The tool’s collaboration features include a team calendar as well as the capability to share files, tasks and meetings with external partners as well as an internal calendar that is shared. Furthermore, it includes chat functions to make communication easier with counterparties and serve as an integrated repository for all diligence-related information. It is suitable for small and medium-sized businesses in any industry that has M&A deals.