What is a computer room and why do you use it?
Posted by:
Monica Eriksen
on
August 10, 2022
In connection with buying, selling and investing, it is important to have efficient, secure and clear document transfers with external parties. A digital computer room ensures smooth processes.
A computer room is a tailor-made solution designed to support due diligence processes (company review). There is a lot of information to be shared and questions to be answered and with a computer room you get a clear structure.
A due diligence process or company review is a central and critical part of restructuring, selling companies and when assessing new strategic partnerships. The accounts, various contracts, bonus agreements, patent certificates and much more must all be made available to external parties. This is exactly why a DD process can take a very long time and be very demanding.
A computer room can influence both the agreement and pricing
When carrying out due diligence, it is important to be well prepared. The processes can be sudden and obviously on top of daily operations and tasks. If you have a tidy computer room, it will make the process much easier and it can also affect the pricing of the company and not least if there is an agreement at all.
Secure storage and sharing of sensitive material
In addition to storing and structuring documents, the computer room also ensures that the sensitive documents can be safely and easily shared with external parties. The need for good computer rooms only grows as more and more company transactions take place across national borders. Which requires that the computer rooms are user-friendly regardless of language.
In Adminflow, you can easily upload the relevant documents continuously. You share the necessary information in the computer room and set limits yourself on who can see the contents of the folder. Adminflow ensures that all sensitive material can be safely shared with external parties. Both when it comes to national and international company transactions.
Please feel free to contact us if you have any questions about computer rooms or other aspects of company administration.
