Dataroom Software

A dataroom program is an online repository that permits several parties to access and transfer files. These tools are used to support due diligence in M&A as well as loan syndications, licensing, venture capital, private equity and other transactions carried out by bankers, attorneys and investors. There are a myriad of options for datarooms. Some are more popular than others. SmartRoom, for example, is primarily used by investment banks, M&A, and structured finance, and document management software review it features speeds of up to 5MB per second, as well as a granular control system that includes SmartLock Redaction, DocuSign integration, and dedicated project managers. It also has an 4.8-star rating on Capterra. Another option is Content Snare that focuses on information requests and not document management.