Syndifi, the cloud-based syndication software provider built specifically for the equipment finance industry, launched new document management platform functionalities.

Syndifi’s new document management features represent a significant upgrade, making it even easier for sellers to upload, remove, sort, rename and reorganize deal-related document folders and files. Syndicators can now upload files as large as four gigabytes in seconds with a seamless drag-and-drop functionality. Additional prompts have also been added that confirm uploads of redundant file and folder names in an effort to help sellers avoid unintentional confusion for buyers.

“We are beyond proud of Syndifi’s new robust document management functionality,” Alistair Canal, chief growth officer at Syndifi, said. “Now, users and their trusted partners can more efficiently share deal information seamlessly within the platform, enabling them to supercharge collaboration, organization and document management.”

Syndicating equipment finance deals includes multiple stakeholders and numerous documents and files that need to be organized, managed and shared securely. Dealmakers often rely on antiquated tools like email to share and manage sensitive deal documentation. Such methods are not designed to organize, share and manage the large volume of documentation generated in today’s deals between sellers and buyers. Moreover, the security risk increases greatly while managing large volumes of sensitive financial data via unsecure tools like email.

“Our goal is to make our dealmakers’ lives easier by providing them with all of the resources they could possibly need to be empowered to truly syndicate smarter,” Canal said. “With our robust new deal management functionality, Syndifi achieves our goal by making it simple for dealmakers to quickly, comprehensively and securely upload, share and manage deal folders and files.”

Prior to Syndifi, the traditional way of transacting equipment finance deals was very time-consuming, unsecure and error-prone. With Syndifi’s newest enhancement, syndicating smarter is easier than ever. This new feature will provide even greater ease-of-use at faster speeds while simultaneously delivering the peace-of-mind sellers and buyers need. Syndifi has created a hassle-free, cloud-based, single-source solution that truly enables dealmakers to be more productive and focus on smarter syndication.