Due Diligence

Speed Up Your Process – and Close Transactions Faster

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Efficiency for Your Workflow

Conducting due diligence is at the very heart of many transactions and is a tedious and time-consuming examination of numerous documents—a process that often can be difficult to manage when multiple parties are involved. However, the traditional challenges usually faced by those performing due diligence, including document management and lack of transparency, have been significantly reduced as users switch from traditional physical data rooms to virtual data rooms.  


Structure Your Process

A virtual data room should not just be a communication platform used to securely exchange confidential documents – the software also should allow you to conduct your due diligence process in a structured and transparent manner. A proper virtual data room should include:

  • A clear and flexible index structure that supports document review workflows
  • 
A detailed rights management system, including structured Q&A processes
  • A reporting process that increases transparency and creates a clear audit trail

Drooms is your reliable software partner focused on streamlining online due diligence processes and supporting the needs of your industry by providing services such as collecting, indexing, and digitising documents for transaction preparation.

Speed Matters

Whether due diligence is required as part of a fundraising campaign, real estate asset sale, or an M&A transaction, speed is the key success factor for viewing and managing documents for both the buy and sell sides of a transaction. Drooms Instant Access Technology was developed specifically for this purpose and can help increase the likelihood of closing by helping speed up the process. It includes:

  • High-speed access to documents, including large-scale plans
  • 
High-speed batch uploads to process large volumes of documents
  • 
Single-click feature that provides a complete index overview
  • Immediate access to new documents

Due Diligence Index

Are you responsible for preparing a deal and try to figure out which content is important? Start collecting your important documents immediately. Our Standard Due Diligence Index with the most important documents can be found here.

Download Due Diligence Index Here

Document Translation

The document translation feature of Drooms NXG allows you to work in your favourite language.

Notes and Highlights

Highlight something important and comment on it, be it an entire document, a page or a specific part of the text.

Two-Factor Authentication

For the most confidential projects, Drooms NXG offers a two-factor authentication process.

Branding

Corporate branding is a smart solution to customize your data room with your company logo and a project image.

Q&A

The new Q&A workflow is so intuitive, it can be set up in a matter of minutes and is fully self-operating, even for complex projects requiring several levels of approval.

Findings Manager

The Findings Manager’s algorithm filters the data room content and automatically attributes relevance to search terms, synonyms, and related search patterns.

New Q&A Tool

The new Q&A workflow is so intuitive, it can be set up in a matter of minutes and is fully self-operating. Even complex Q&A processes with several levels of specialist approval are simple to configure, while an enhanced range of activity enables a more efficient workflow. For instance, you can add an attachment to an answer or link the latter to a document in the data room! You can also tailor the Q&A individually according to your needs and automate the workflow.

Q&A Tool Details

 

"Our collaboration with Drooms went smoothly, without any problems whatsoever. Drooms proved itself a reliable partner and consultant throughout the entire transaction. The fast and user-friendly platform made the project flow seamlessly. A truly exceptional service provider who we can recommend without reservation."

Deputy Managing Director
NLB InterFinanz AG, Zurich

White Papers and Downloads

Fourteen Must-Haves to Boost the Efficiency of Your Data Room

The future of due diligence lies in intuitiveness and self-learning workflows. Discover how.

Online Due Diligence

This free white paper reveals how classic virtual data room processes are handled in connection with online due diligence, as well as explaining the key steps involved.

Protection of corporate data

Europe after the data protection scandal: How can confidential corporate data be protected?
More White Papers

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