Intralinks has announced the latest version of its Virtual Data Room to help give time and control back to dealmakers.
Deal rooms form an essential part of the M&A process, but are often deemed a clunky and tiresome part of due diligence. With its latest release, Intralinks is looking to change that perception, making the process as quick and easy as possible to ensure that information can be processed efficiently, dealmakers can focus time on strategic tasks, and a deal can be closed as quickly as possible.
The new Intralinks VDR is 50% faster across the board and now means a data room can be set up in hours, not days. Its integration with artificial intelligence technology (AI) expedites the due diligence process and reduces deal completion times through the automation of deal room set-up, contract analysis and organization.
New User Interface (UI), giving users an enhanced look and feel to the deal room environment; enhanced native mobile experience to accommodate multi-device mobile users.
Upgraded Q&A experience with enhanced show/hide, intuitive import/export process, and history-viewing capabilities.
Dynamic plugin-free Information Rights Management (IRM) to instantly grant or revoke file access and manage documents that have been shared and downloaded outside of your network.
“Time is the most valuable commodity for our customers, and nobody likes to stay in a data room any longer than they have to,” said Leif O’Leary, Executive Vice President, Enterprise at Intralinks. “This latest version of the Intralinks VDR gives dealmakers that time back. And the introduction of artificial intelligence to a platform that is already quicker and more intuitive than its predecessors changes the game completely.”