Today, deals, and all their respective due diligence documents, often involve more than one language. In fact, more than half of due diligence projects globally on the Datasite platform are in more than one language, and over 70% of EMEA-and APAC-based projects have two or more languages with at least five documents. While conventional wisdom is that English is the language of finance, local languages still play a significant role in M&A transactions. Thus, the ability for all parties to understand all aspects of the deal is crucial to its success. And importantly, it must be done quickly, accurately, and securely.

Hidden threats

So, how do you not only ensure you have the correct documents, but also understand what they say? Especially with sensitive information? Which might involve characters, images, and/or specialized terms? All of which need to stay secure in your data room?

If you translate them using third-party tools, you run the risk of taking them outside the data room, which may result in a breach of confidentiality and adds unneeded time and effort to your project. You also risk inaccurate or incomplete translations.

Translate quickly and securely

Datasite’s full document translation tool allows you to perform all the translations you need for due diligence – quickly, accurately, and securely – from over 100 languages into any of our 17 supported languages, without leaving your data room. If you are a data room administrator, you can translate up to 10 documents at a time, in just one click, and in only a few minutes.

Just select the document(s) you wish to translate, click ‘translate’, and choose your target language. The translated documents can be permissioned for others and moved to other files/folders, and can be saved, searched, and compared side-by-side with the originals, and much more:

• Stay inside your data room: Translate whole documents without leaving the security of Diligence or Acquire
• Translate in multiple languages: Convert documents between 17 languages and from 100+ languages
• Control all permissions: Set and adjust user permissions, apply watermarks, and add disclaimers
• Search any and all text: Optical character recognition (OCR) means you can find text even in images
• Run analytics: Track document engagement – who’s viewed and who’s downloaded it
• Compare with originals: Check the translation against the source fil