Virtual deal rooms are increasingly utilized in the business, legal and financial world by independent legal counsel, corporate legal departments, banks and M&A attorneys to assess and manage transactional risk.
Infology’s BriefCase™ Deals Module enables the easy set-up and administration of secure project-specific deal sites that offer a controlled method of providing access to relevant information without requiring parties to travel to a physical location or receiving hard copies of documents in order to assess deal risk.
Project managers can easily control who has access to sets of information and can receive and manage questions submitted by reviewers through the BriefCase™ system.
Uploading and sharing of documents is typically completed by the deal sponsor or party managing a due diligence exercise. However, once deal rooms have been established any defined person may be granted the ability to upload documents as necessary meaning that organizations are not dependent on an external service provider to ensure that tight deal information disclosure deadlines are met.
To schedule a free online demo to see how Briefcase™ works or to find out more about our legal information risk management products and services, please contact us.