TrueDataShare

TrueDataShare is a virtual data room solution designed to meet the needs of corporate finance advisors, regulated industries, and international companies. It provides a platform for sharing confidential documents during transactions, project collaborations, and regulatory disclosures. TrueDataShare is suitable for companies of all sizes, from small businesses to large enterprises. It is used by professionals in corporate finance, legal and compliance, construction, real estate, and oil & gas industries.

Key Features

Users & Permissions: According to the vendor, TrueDataShare allows users to manage and control user authorizations and access levels to documents. Users can set tiered levels of access and corresponding action permissions on a team basis.

Customization: TrueDataShare offers the ability to customize the virtual data room with corporate or transaction identity. Users can add logos and watermarks, as well as customize the branding of all downloadable documents, as claimed by the vendor.

Security & Confidentiality: TrueDataShare ensures data security through various measures, including file and database encryption, data backup, and hosting in secure accredited data centers, as stated by the vendor. It converts all file types into protected formats with 256-Bit SSL file encryption and provides unique user and time-stamp watermarks for each document.

Accessibility: TrueDataShare is an online platform that works in all web browsers, eliminating the need to install software or plug-ins. It provides access to the virtual data room at any time and from any place, including PCs, mobile phones, and tablets, according to the vendor.

Smart Document Management: TrueDataShare offers functionalities such as bulk upload and drag-and-drop, enabling users to upload multiple files quickly. It also provides automatic indexing to create a neat document structure and an in-built search engine for easy document retrieval, as claimed by the vendor.

Audit: According to the vendor, TrueDataShare includes a dashboard that allows compliance, project, and transaction managers to track user activity. It provides data on log-ins, file views, actions, and downloads, which can be accessed on-screen or downloaded as a report.

Q&A: TrueDataShare offers a Q&A service to facilitate communication and understanding among users. It allows for the exchange of questions and answers regarding documents, processes, and requirements, as claimed by the vendor.