29 juillet 2020

NEW Feature: Lighten your mental load with search alerts

By Abby Roberts, Product Marketing

Litigation. Change of control. Environment. Oh, and let’s not forget the leases. The many, many leases. Chances are if you’re engaged in document review, you’re looking through the data room for a specific word or phrase.

To dealmakers, this should come as no surprise. Though mundane, search is the foundational task upon which the edifice of due diligence rests. Without search, issues cannot be surfaced and addressed. Red flags cannot be found.

Never Miss a Key Word
Our robust Optical Character Recognition (OCR) search functionality is one of the things dealmakers love most about Datasite. In fact, they hunt for key words on our platform 8,000+ times a day.

But what happens after that first review? It turns out that 23,000 data room users looked for the same term multiple times last year as their transaction progressed. Ninety-nine percent of the time, however, a key word was searched for once and never again. This despite the fact that new documents are continually added to strategic processes.

Now, one search is all you need. After that, new documents with that term will automatically appear on your Landing Page activity feed.

Search alerts is another way our Landing Page gives you easy visibility and access to the project information you need, when you need it. No other data room provides a control center like ours. 

58% dealmakers say finding all red flags is the hardest thing to get right in due diligence

Two Steps to ’Go’
In just two quick steps, you’re ready for action:

  1. Login to your project and conduct a search.
  2. From then on, your search terms will appear on your Landing Page activity feed. 

It’s That Easy
Sometimes the simplest fixes solve for the most significant problems. In this case, our search alerts save you the time of having to look for the same term more than once. They also ensure that your team and you don’t miss something important by forgetting to look for a key word more than once as a deal progresses.

See It In Action

To experience this feature or other related features, contact your client representative or request a personalized demo.

GET IN TOUCH

Learn More About the Landing Page

Find out how the rest of the Landing Page helps you stay organized, efficient, and fast on your feet.

Download Brochure

Join the Dealmaker's Circle

It’s your forum to be known and to get to know dealmakers. To solve problems. Make improvements. Share experiences and expertise. Make a difference and network at all levels.

Join Now

Prêt à vous lancer ?

Tu pourrais aussi aimer:

Local Spotlight: Deal Drivers in Italy, Spain & Portugal

Southern Europe has been hard hit by the current pandemic. Like other regions, the Q1 figures that looked so promising have since taken a downward turn. Will recovery in M&A take as long as it did with the 2007/08 crisis for this region? And what will drive it forward?

Madrid Spain city aerial
Local Spotlight: Deal Drivers in SE Asia & India - Pulse of the Market

M&A deal flow has experienced a slowdown in Southeast Asia and India because of the COVID-19 crisis, and the outlook remains uncertain. Learn how dealmakers on the ground are adapting and continuing to close deals despite the current situation.

880219542
Local Spotlight: Deal Drivers in Greater China – Expert Insights

Mainland China and Hong Kong SAR, having been the earliest regions to be impacted by COVID-19, saw initial signs of deal recovery in Q2 and further recovery is expected in 2021, according to industry experts speaking at a webinar hosted by Datasite and Mergermarket.

Colleagues Discussing Business in Conference Room