Datasite Diligence is virtual data room (VDR) designed to streamline the due diligence process for M&A transactions. Its key features include:

Efficient Content Management: Users can upload and organize documents effortlessly through drag-and-drop functionality and bulk edit tools. The platform also supports email integration, allowing select users to send files directly to the project via an inbox.

Integrated Q&A Module: The built-in Q&A tool facilitates seamless collaboration by enabling the setup of workflows, roles, and categories. Common questions and responses can be elevated to an FAQ section, and all Q&A data can be easily exported to Excel for further analysis.

Advanced Redaction Capabilities: The platform offers enhanced redaction tools, allowing users to efficiently manage sensitive information. It enables finding and redacting specific words or phrases across the data room and utilizes Artificial Intelligence (AI) to identify and redact Personal Identifiable Information (PII). Users can mark or unmark text or areas and categorize redaction reasons for compliance purposes.

Multilingual Search Functionality: Datasite Diligence's Optical Character Recognition (OCR) engine supports accurate search results across documents in 16 languages, ensuring users can locate relevant information regardless of the document's language.

User Engagement Tracking: The platform provides detailed analytics on user activity, allowing administrators to monitor engagement and behavior down to individual pages. This insight helps assess interest levels and identify potential concerns during the due diligence process.

AI-Powered Workflow Enhancements: Leveraging AI and machine learning, Datasite Diligence automates time-consuming tasks, such as categorizing documents and detecting sensitive data, thereby accelerating the due diligence process and reducing manual workloads.

Seamless Collaboration with Trackers: The Trackers feature centralizes all diligence checklists, allowing users to upload ready-made checklists or reuse past templates. It also enables setting permission controls for trackers, down to individual rows, ensuring that all stakeholders are aligned and informed.