Unraveling Dealroom Software

In dealroom software demystified merger and acquisition processes the success of a merger depends to a large extent on the way in which post-merger integration is conducted. The right project management tools can drastically reduce M&A timelines, improve productivity, and allow businesses to benefit from a deal.

A tool for managing projects that includes M&A features along with a virtual dataroom (VDR) can assist to streamline collaboration and accelerate due diligence. The tool offers secure document exchange with multiple stakeholders and supports a variety of M&A workflows.

The application has a simple drag-and-drop upload feature that allows users to import documents and folders in large quantities. The platform lets users configure permission settings to limit access to editing, viewing and downloading access. Its security measures include two-factor authentication, a password policy and audit logs to ensure compliance with the law. It also provides an app on mobile for anytime, anywhere access.

Users can monitor the progress of diligence requests by using an instant dashboard. They can set reminders for late requests and create customized labels to classify requests. The tool helps them track at-risk, high risk and high priority requests in order to monitor due diligence. The tools collaboration features include an internal calendar for the team, the capability to share files, tasks and meetings with partners from outside and a shared internal calendar. Furthermore, it includes chat functionality to make communication easier with counterparties and serve as an centralized repository for all diligence-related information. The software is suitable for small and medium-sized business in any sector that performs M&A transactions.