29 mai 2020

NEW Feature: Smart Categories and Document Preview

By Axel Kirstetter, Product Marketing and Dan Tschida Product Management

As we do discovery with our administrators, there is one consistent piece of feedback: “I need Datasite to help me spend my time on higher value tasks”. With smart categories and document preview we give you the tech to do just that. Allow our natural language processing algorithm to suggest categories of newly loaded documents and preview them before you confirm their belonging. 

It's All About the Index
With our experience of powering 9,000+ deals per annum we know there is no single way for launching a data room. Some administrators spend a lot of time getting the index right. Others rush to launch the project room without a final structure knowing the Datasite Diligence search capability will help early bidders.

With smart categories for Datasite Diligence our powerful AI engine – trained on 3m+ documents and an M&A vocabulary of 400k+ words – automatically suggests a category for a document.

How It Works
1. Load your documents into Datasite via drag and drop for instance
2. Have the system suggest the category
3. Confirm the category by either
    a. approving the AI identified category
    b. OR selecting from our list of over 100 categories

Need to quickly find all documents relating to ‘Benefits’ irrespective of their index location? Simply filter for what you are looking for and Datasite will bring up all documents that fit that category.

Additional Value
But wait. It gets better. We understand that ‘executive compensation’ could be categorized as HR, Contracts or Corporate Governance. To give our admins more control over category selection, hover over the document name which will give a preview of its contents. No need to downloads the document to know what it contains. 

Saving Admins Time
At Datasite we aim to save admins time with user experience improvements and use of modern technology. The former is in the form of fewer clicks, like the ability to preview documents. The latter with the use of machine learning.

See It In Action

To experience this feature, or the related AI Indexing, contact your client representative or request a personalized demo.

GET IN TOUCH

Interested in AI?

Sharpen your focus, stay one step ahead of your buyers, and keep your deal process on track with our advanced analytics.

Download AI Factsheet

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