Collaboration is also a very important factor in an M&A process. Data site shines with its features that can support real-time collaboration with both the team and third parties. Such features include Q&A modules and document sharing, making communication simpler and ensuring everyone is aligned in the process of a transaction.
Intralinks also offers collaborative tools, but the strength lies in comprehensive project management. All transaction-related documents and communications are housed in one place, hence increasing visibility and accountability by the team members. Reporting in Intralinks has very detailed features, hence it is possible to measure engagement levels and document usage for strategic decision-making purposes.