Unraveling Dealroom Software
In merger and acquisition processes the success of a transaction depends to a large extent on how well integration after merger is executed. The right project management tool can help reduce M&A timelines and boost productivity, allowing businesses to gain significant value from the transaction.
A project management tool that includes M&A features and a virtual data room (VDR) can help streamline collaboration and accelerate due diligence. The solution allows secure document exchange between various stakeholders, and is able to support various M&A workflows.
The application comes with a drag-and-drop feature that allows users bulk import of folders and files. The platform lets users configure permission settings that limit viewing editing, downloading, and access. Security measures include the policy of a password two-factor authentication, audit logs that help improve compliance with regulations. It also offers mobile applications that allow access anywhere and anytime.
Users can monitor the progress of diligence requests with an easy-to-read dashboard. They can also create custom labels and set reminders for late requests. The tool assists them in tracking at-risk, high risk and high priority requests to monitor due diligence. The collaboration features include an internal team calendar and the ability to share tasks, files and meetings with external partners. Additionally, it comes with a chat function to make communication easier with counterparties and serve as an centralized repository for all diligence-related information. This solution is ideal for medium and small-sized businesses in any industry that has M&A transactions.