The main reason for utilizing data rooms is to ensure due diligence during M&A transactions, fundraising or any other deal that requires sharing of sensitive information. They offer a safer alternative to email and file-sharing sites that are free. They offer granular permissions, security features such as encryption, two-factor authentication and watermarks.
The amount of information needed for a due diligence process will vary depending on the size and complexity of the project, but it’s essential that all parties are able to access the same documents. A central data room with clear folder structure along with standard document titles and a master index allows people involved in the process to navigate and locate information. Grouping similar documents together in subfolders can help speed up the process of reviewing.
It is crucial to highlight the KPIs that are most relevant and not overcrowd slides with irrelevant data. The same is true for sharing non-standard analyses that could cause confusion for investors or mislead them as to the business’s health and growth prospects.
Include a summary slide each deck to highlight the main points and conclusions you wish your audience to get from the presentation. It makes it easier for an investor to oscillate between deep dives into the numbers as well as the citrix sharefile competitors larger picture.
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