Why teams use Collaboration
Shared workspace
Everyone on your team sees the same documents, links, and analytics. No duplicate uploads, no out-of-date versions, no confusion.
Role-based permissions
Control who can upload, edit, share, and manage access. Give teammates exactly the permissions they need — nothing more.
Easy onboarding
Add teammates with an email invite. They get instant access to the workspace with zero setup — no installations or training required.
"Every now and then, you come across a product that has a massive positive impact on your business. Peony is one such product."
Panos Moutafis
Founder & CEO, Zenus
Frequently asked questions
How does an M&A deal team coordinate in a Peony data room?
Peony provides a shared workspace where your entire deal team — bankers, counsel, and junior analysts — can manage CIMs, track bidder engagement, and control data room permissions from one dashboard. Deal team members are added via email invite and get instant access — no software installation or training required.
Can a PE firm control what each deal team member can access across funds?
Yes. Peony supports role-based permissions so you can control who can upload deal documents, create investor-facing links, view bidder analytics, and manage access settings. This lets the fund give each deal team member, outside counsel, or portfolio CFO exactly the permissions they need — an associate can upload due-diligence files without seeing LP analytics, and counsel can review documents without editing data room structure.
How many consultants and client advisors can join a Peony workspace?
Peony's per-admin pricing means you can add as many consultants, client advisors, and engagement managers as your project requires. The Free plan ($0, 2 GB) supports getting started, while Pro ($20/admin/month, 200 GB) and Business ($40/admin/month, 1 TB) scale with your team size — every admin gets full access to shared data rooms and analytics, so the entire consulting engagement team works from one source of truth.
Can an M&A team and their legal counsel work in the same data room in real time?
Yes. When M&A bankers and their legal counsel work in the same Peony data room, they see the same documents, links, and bidder analytics in real time. There are no version conflicts or duplicate uploads — the deal team and counsel work from a single source of truth. Peony's AI-generated due diligence checklists also help the team track which deal documents have been uploaded and which are still missing, keeping both sides aligned without endless email threads.
How does Peony collaboration compare to legacy data rooms like Firmex or Ideals?
Legacy data rooms like Firmex and Ideals often charge per-user fees on top of high base prices, and onboarding a new deal team member or outside counsel can take days. Peony's collaboration is built in from the start — invite deal team members, counsel, or portfolio CFOs in under a minute, share bidder analytics instantly, and manage permissions without contacting support or paying extra for admin seats.
How do PE firms give portfolio company CFOs access without exposing the full data room?
Peony separates internal deal team collaboration from external viewer access. Your PE team manages fund documents and permissions from the shared workspace, while portfolio company CFOs access only the reporting folders you assign — they never see the full data room. External viewers such as LPs, co-investors, or counterparties access data rooms through secure links with 2FA, NDA gates, and watermarking — no workspace login needed. For structured external communication, Peony's Smart Q&A lets counterparties submit questions that AI drafts answers for, then your deal team reviews and publishes responses.
Can a consulting engagement manager see which team members uploaded or changed documents?
Yes. Peony tracks all team activity including document uploads, link creation, and permission changes. A consulting engagement manager can see exactly which team members uploaded or modified deliverables and when. Combined with Peony's page-level analytics for external viewers, you get a complete audit trail of both internal actions and client engagement across your data rooms. Peony's auto-indexing also classifies and OCR-scans every uploaded document, making it easy for consultants and client advisors to search across the entire room.
Related features
Data Rooms
Organize and share deal documents in a secure virtual data room with granular permissions.
E-Signatures
Collect legally binding signatures on NDAs, contracts, and agreements without leaving Peony.
Smart Q&A
Let counterparties submit questions and get AI-drafted answers your team reviews before sending.