What does it do?
Setting up Q&A now starts with a choice of workflow.
- Basic Q&A flow: a question submitter sends a question, and an answer coordinator answers it.
- Advanced Q&A flow: five steps, for answers that need a specialist and a sign-off.
Who is it for?
Sell-side teams where a banker coordinates, the company's CFO or counsel drafts, and someone senior approves before anything reaches a buyer.
How does it work?
In the advanced flow:
- The Question submitter sends a question.
- The Answer coordinator reviews it and assigns it to an expert.
- The Expert drafts an answer.
- The coordinator reviews the draft and sends it for approval.
- The Answer approver approves it and shares it with the submitter.
Open the data room's Q&A tab, click Configure Q&A, choose the workflow, then assign people to each role.
Which plans include it?
Basic Q&A is on Data Room and above. The advanced workflow is on Deal Team ($64 per admin per month billed annually, $89 billed monthly, minimum 4 admins) and Enterprise. See pricing.
How does it compare?
Assign-and-approve Q&A routing is common in M&A-focused data rooms. In Peony it sits in the same room as permissions, analytics and AI document Q&A.
Where can I learn more?
Common questions
Does Peony's data room support Q&A approval workflows?
Yes. On Deal Team and Enterprise, the advanced Q&A workflow routes each question from a coordinator to an expert and then an approver before the answer is shared.