netfiles GmbH has added a new Q&A (questions and answers) function to its netfiles Dataroom product

The new Q&A function enables complex questionand-answer processes in the context of due diligence tests, mergers and acquisitions to be handled in a structured and efficient way. Issues and inquiries can thus be dealt with without the time-consuming inefficiency of resorting to unstructured e-mails, phone calls and faxes.

Within the netfiles data room, questions can be forwarded to the right predefined experts to ensure that high-quality answers are supplied in short order. Detailed access rights can be defined for each individual to govern who on the buyer's and seller's sides sees what questions and answers. All questions and answers are also logged and monitored in the data room itself to ensure fast and secure communication – and secure audit trails – between all parties. Transactions can be closed out faster as a result.

netfiles gives companies a secure data transfer facility and a secure, central online document management system, complete with detailed access rights and mobile access options. This cloud-based solution makes it simplicity itself to exchange data within the company or with customers and suppliers, and to set up safe data rooms for M&A projects, due diligence tests, asset transactions, board communication, real estate management and contract management, for example.

About netfiles

With more than 20 years' experience to its name, netfiles GmbH is one of the first and leading European providers of virtual data rooms. netfiles data rooms are used primarily in the context of mergers and acquisitions (M&As), due diligence audits and secure data exchange across internal and external company boundaries. Leading-edge software, encryption and security technology ensures that confidential data in netfiles is reliably protected against unauthorized access and data losses. Granular access rights permit precise control of who can view, edit or download what documents. More than half a million users in over 140 countries around the globe have already discovered that netfiles is exceptionally easy to use.

If you would like to know more, sign up to try out the netfiles data room and data exchange 
solutions free of charge for 14 days, with no obligations: https://www.netfiles.com/en/free-trial