Global mergers and acquisitions are expected to exceed $3.4 trillion by 2017. By 2018, analysts predict a 50% increase in M&A activity in emerging markets. Companies throughout Europe, the U.S., and elsewhere have had large chunks of cash sitting on the sidelines waiting for the right time and the right opportunities. Increasingly, boardroom decisions are being made to acquire new businesses.
A virtual data room allows confidential documents and records to be secure, centrally managed, and archived. Save time and money with 24/7 document availability while preserving restricted access. This type of secure file sharing will increase efficiency and productivity, providing your company with a competitive edge.
Document security and availability are overriding concerns in every M&A transaction, adding unnecessary complications to exceedingly complex transactions.
Access to documents is simple from any computer connected to the internet.
The interface is intuitive, no special training is necessary.
The virtual data room functions as an archive for datasets of any size.
There is no cost for the first user, only for additional users.
Instead of hunting through file cabinets, any document can be located quickly with the search function, even when there are large datasets.
Due diligence is the heart of the M&A - complete the process more quickly than you'd believe possible.
Decide who is allowed to view or edit documents by assigning individual user permissions based on the degree of confidentiality of the documents.
Multiple layers of security prevent unauthorized access to your data room.
More information is available about the type of transactions the virtual data room will be used for.
dataroom24 eliminates one of the headaches of any complicated transaction by keeping all documents in one location, not scattered in different departments. There is no need to locate and copy documents from one place to another. The latest version is always readily available to any authorized user, anywhere in the world.
A log entry that cannot be edited is created for each transaction, providing a permanent record of document changes.
Documents can also be stored on an external drive for use without the necessity of internet access.
dataroom24 has many applications in addition to M&A use. When companies are being sold, the virtual data room is indispensable for storing inventories, real estate transactions, investments and other information.
Try dataroom24 for 10 days free and you won’t want to be without it.