Unraveling Dealroom Software

The success of the merger and acquisition process is heavily contingent on post-merger integration. The right tools for managing projects can drastically cut down M&A timelines, boost productivity and enable businesses to realize significant value from the deal.

A project management tool with M&A features and a virtual data room (VDR) can streamline collaboration and accelerate due diligence. The solution allows secure document exchange between multiple stakeholders, and supports the various M&A workflows.

The application has an easy drag-anddrop upload feature that allows users to import folders and documents in bulk. The platform lets users make permission settings that restrict access to editing, viewing and downloading access. Its security features include two-factor authentication, password policies and audit logs for improved regulatory compliance. It also offers an app for mobile devices that allows anytime, anywhere access.

Users can track the progress of diligence requests through an at-a-glance dashboard. They can also use custom labels and schedule reminders for late requests. The tool helps them track high risk, at-risk and high priority requests in order to monitor due diligence. The tool’s collaboration features include an internal calendar for the www.boardmanagementtools.info/dealroom-software-demystified-and-explored team as well as the ability to share files, tasks and meetings with external partners and a shared internal calendar. It also includes chat capabilities to facilitate communication with counterparties and a central repository for all diligence-related data. This solution is ideal for medium and small-sized businesses in any industry that conducts M&A transactions.