Stephan Millard, Product Marketing
One of the biggest challenges which COVID accelerated for dealmakers is adapting to the 'always-on' technology transformation. Indeed, in this year’s Future of Transaction Management study nearly half (48%) of dealmakers described their use of the virtual data room as ‘continuous.’ This marked a 13 point jump from the previous year (35%).
To help M&A professionals adjust to this new reality, Datasite continues to innovate across our products. Version 2.0 of the mobile app for Datasite is a prime example of this. The new mobile app is the most intuitive, functional release ever. Dealmakers can use our native app on either iOS or Android to review documents, share files with other members of the deal, manage or invite users to the dataroom, and keep up on the Q&A process. The Datasite mobile app lets M&A professionals manage their deals wherever and whenever they need.
As with every part of the Datasite solution – ironclad security and unmatched usability are central to the design. Same with our mobile app. The mobile app is built to be native to both iOS and Android platforms and it uses the latest biometric security so dealmakers can authenticate easily and keep the deal moving.
Version 2.0 of our mobile app also provides unmatched functionality in the market. Users can easily find, review, and share deal documents with other members of the deal team. Integrated search and filtering across the project means users can find exactly what they are looking for in seconds and get on with their day. And the search function within a document makes this process even faster and more precise.
Managing Q&A on a deal is one of the most time-consuming activities in any transaction. Now you can do this directly from your mobile device anywhere, anytime. You can see all the questions in one screen; drill into individual questions, edit, and respond easily – getting you to ‘inbox zero’ faster. And occasional VDR users like VPs and MDs can login, review, edit, and approve final responses – sending them directly to reviewers to keep the deal moving.
Handle changes to the deal in real time from your mobile device. Find the users you need to modify quickly with robust filters. Then, activate or deactivate users as needed with a swipe. Finally, you can add new users to the project at any time, directly from your phone. It’s that easy!
Empower reviewers on your deal to complete due diligence faster using the Datasite mobile app. They can search and review documents, see all submitted questions in one screen, dive in and read the entire thread, view any attached documents as part of an answer, and manage question team workflows from within the mobile app.