A dataroom can be described as a virtual repository that allows multiple parties to share and access files. These tools are used by lawyers, bankers, and investors to support due diligence during M&A and loan syndications as well as licensing private equity, and venture capital transactions. There are many options available for datarooms. Certain dataroom software is more popular than others. SmartRoom is one of them. It is primarily used by investment banks, M&A, and structured finance, and it features the ability to upload up to 5MB per second, a precise control system that includes SmartLock and redaction, DocuSign integration, and dedicated project managers. It has a 4.8 star rating on Capterra. Another option is Content Snare that focuses on information requests, rather than document management.
Share this post