Power to the users: Two new features making life easier for the buy-side

Tired of back-and-forth emails trying to get your team members invited to the data room?

Tired of emailing spreadsheets around, and dealing with version control nightmares?

We know it can be a struggle for buy-side M&A and corporate development teams to efficiently run acquisitions when all the project management power seems to sit with the sell-side team.

Acquiring assets requires you to simultaneously manage your deal team, review piles of due diligence information, monitor tasks and progress, and work hard to keep the project on track. Simple tasks like getting your team members invited into the room require emailing support or administrators back and forth for access. It only adds to the chaos when your inbox is cluttered with multiple versions of spreadsheets, updates, and Q&A.

We’ve got the perfect tool for you.

We’ve launched our powerful Deal Workflow project management tool for the buy-side, equipping guests with the same tools as the sell-side, reducing risk and email overload for everyone in the deal, and putting the nail in the coffin of risky spreadsheet trackers. 

The best part? It’s completely free to use alongside the Data Room.
 

New features - more dealmaking, less head-aching

1. Simplified guest user registration

We’ve implemented a new guest user registration feature so you can directly request access for your buy-side team members. All you need to do is fill out a short form and submit the request directly to the administrators. No need to open your inbox and try to chase up who the administrators are to request access, it’s all built right into the platform. Simple.
 

2. The magic of Workflow

Using spreadsheets, emailing them around, collating, updating, and redistributing is inefficient, and can be overwhelming - but has there been a better option? Enough of this risky sheet! Say goodbye to version control nightmares, and hello to a single source of truth. Deal Workflow is a project management tool that transforms static spreadsheets into securely digitized, collaborative checklists that operate in real time.

Workflow has already improved deals on the administrative side of the data room, and they’ve loved it: “We’re always looking for efficiencies to reduce our cost of service. Workflow allows us to template and standardize our due diligence across every project, saving time, risk and money.”

Your Workflow tabs you create/import are only visible to you, keeping your confidential information safe and private from the Data Room administrators unless you choose to share it with them.

Now, you can bring across your customized document requirements, checklists and processes frictionlessly to put to work on your next acquisition. Do your review straight in workflow and export to excel for the DD report. Better yet, you’ll be able to create templates to use after the deal is done, and leverage all due diligence information at the post-acquisition integration stage.

 

Create your own private workflows to: 

• Drive efficiency through real-time collaboration
• Delegate tasks to maintain team accountability
• Mark items with statuses to keep track of your project
• Reduce risk of things being missed
• Import the Doc index to workflow and coordinate your review as a team
• Generate a Gantt chart to get a visual timeline of your project
• Templatize & standardize your processes to increase automation
• Leverage all critical due diligence information from acquisition through to post-deal integration