Five reasons why your business should use a Q&A-function during a due diligence
Blog post by Emelie Jarnesten, Head of Virtual Data Rooms in Sweden
The main purpose of using a data room in a transaction is to share information and communicate with external parties in a secure manner.
A well-developed Q&A-function has become a commodity in most data rooms today. Nevertheless, we often experience that our clients don’t use this function as effective as they could. Some companies are still handling questions via email and are sending over Excel-sheets to external parties. This is both time-consuming and not secure.