The most important feature of any Data Room is that it is secure. Often, this means that you can set up the ability to set up granular permissions and auditing capabilities to ensure the data is only accessible to the people you want it to be seen by. Watermarks, expiration dates on documents and other security measures are also important to ensure that data leaks are not happening. You should search for an organization that provides a range of https://www.dataroomnow.net these options, so that you can customize your data room according to your needs.
A dashboard is an additional feature that lets you monitor activity in your Data Room. This will allow you to keep track of what’s been viewed and for duration, so that your data is available to the proper people at the right time. This is especially useful in M&A transactions where you’ll need to provide information to third-party parties who may not know your business.
It is also important to ensure that your Data Room can store the documents you’re planning to upload. You should look for a provider that offers subscriptions and packages that can be scalable, so you can upgrade as your needs change. It is also important to inquire if the company provides tools for managing tasks within your Data Room. These tools will allow you to assign reading and uploading tasks to users, and track their progress.