Market your assets faster and more efficiently
In today’s increasingly volatile markets, companies that wish to move assets need to bring them to the market quickly in order to avoid missing out on favourable opportunities. Setting up a data room properly can take up to three months – and the faster the required information is prepared, the faster and smoother a transaction can proceed, reducing the minimum holding period.
Continually updating documents in a virtual data room is less cost-intensive overall than starting from scratch for every transaction's due diligence process,. Drooms offers structured storage of transaction-related documents throughout an asset’s life cycle, reducing the holding period and bringing your asset to market faster.
The value of a particular asset, be it a property, company, or patent, is also dependent on complete and accurate documentation, which often provides a basis for a fair and accurate evaluation. To put it simply – the better and more organised your documentation, the better the perceived value of your asset.
Create a centralised overview of all crucial documents within one data room. Decentralised funds often have assets spread all over the world, with each entrusted to different local asset managers. In order to guarantee the same level of quality with regards to asset documentation and achieve a qualified, state-of-the-art document base, it is important to implement standard processes within your organisation. This brings transparency to your portfolio and also helps meet regulatory requirements, such as the Alternative Investment Fund Directive (AIFMD). With Drooms, you can ensure that all required information is readily available and accessible to all stakeholders, investors, depositories, and regulators.
Drooms NXG revolutionises the Q&A by making it easy to set up and enjoyable to use. Even complex Q&A processes with several levels of specialist approval are simple to configure, while an enhanced range of activity enables a more efficient workflow. For instance, you can add an attachment to an answer or link the latter to a document in the data room! You can also tailor the Q&A individually according to your needs and automate parts of the workflow, as well as keep full control over group activities and user permissions.
“Over the past years, Drooms has been our favourite data room provider. It has proved to be a competent and reliable partner even in the most critical situations.”
Partner
Nexus Capital Advisors, Frankfurt
Drooms Technical Due Diligence Index: What you need to prepare your deal.
You are responsible for preparing a deal and try to figure out which content is important? Start collecting your important documents immediately. Our Due-Diligence-Index with the most important documents can be found here.
This white paper explains how to successfully implement a life cycle data room and how using one can help save money and time, as well as execute your deals faster.
Stop wasting time with data room software that doesn’t really improve your workflow.
