A provider of data room software offers secure online storage for sensitive documentation that you can share securely with anyone. It should also be simple to use, with a short learning curve and 24-hour customer support.
Some VDR providers provide additional services, such as training and consultation, which can aid you in preparing for important transactions and increase communication during a transaction. Others may offer additional features, such as an audit trail, as well as notifications in the event of access being revoked. If they’re worth the investment is contingent on your particular requirements and the kind of transaction you’re planning to make.
iDeals provides advanced security features, including encryption and 2-factor authentication as well as an infrastructure that’s constantly monitored for uptime and virus scanning. The search engine can find any document in seconds, and its optical character recognition tool can perform full-text searches across documents. Another helpful feature is dynamic watermarking, which permits users to add their logos documents and alter how they are displayed when viewing, downloading or printing.
iDeals is a virtual data room that is suitable for all businesses of any size and industry. It is among the most effective. Its user-friendly interface is simple enough for entry-level accountants to understand but sophisticated enough for CFOs as well as senior management to appreciate. Other important features include the ability to record and share information, the option to create your own design and the capability to set permissions for projects. iDeals is available as the free trial, as well as three pricing plans.