Admincontrol Data Room

Admincontrol data room is a solution for the secure and efficient management of sensitive business data. The company started operations in 2005, with headquarters in Oslo, Norway. Other Admincontrol offices are in the UK, Denmark, Scotland, Finland, and Sweden. 

In 2015, due to the acquisition, Admincontrol became part of Visma, a leading business-critical software developer in Europe. Since then, its virtual data rooms have become a more expanded product for due diligence, corporate compliance with regulations, M&A, improved collaboration routine, tender processes, etc.

In addition to being recognized in Europe, the product is industry-leading in the Nordic region, where more than half of the listed companies use the software for various purposes. Due to this, the provider’s customer retention rate is 98%.

Along with virtual data rooms, the vendor offers a Preparation portal. It is a restricted virtual workspace for thorough preparation before selling a company. Whenever you feel ready, you can switch from the Preparation portal to a standard data room. It is usually done just in a few clicks or by contacting the manager.

Admincontrol VDR is suitable for the following purposes:

• Enhanced security. Client privacy is a priority for the provider, which was considered when developing the platform and continues to be improved with increased attention. Thus, security mechanisms and measures ensure that only authorized users can access data. Moreover, such certified IT auditors as SOC 2, ISO 27001:2013, and GDPR audit the product to confirm its high quality and compliance with international security standards.
  
• Accelerated dealmaking with AI. Artificial intelligence integration makes document review smooth and swift. The vendor is also partnering with Luminance, a leading provider of AI engines built on groundbreaking machine learning. As a result, users of Admincontrol virtual data rooms benefit from increased productivity and efficiency in working with documents, which speeds up transactions.
  
• Protected communication. M&As or other complex procedures usually involve many clarifications and discussions. And unlike unreliable communication channels, the Admincontrol software offers a secure messaging module, which is an encrypted, and therefore, safer alternative. This hybrid of mail and chat allows users to exchange messages within the platform easily and guarantees  robust protection against threats.
  
• Structured data. The Folder Wizard is a tool that makes it easy to structure folders on the platform from scratch or using best-practice customizable templates developed by financial and legal advisors.. Therefore, they are ideal for financial and legal due diligence, fundraising, and real estate transactions.