A data room software provider offers secure online storage of sensitive documentation which you can share with anyone. It should be easy to use with a short learning time and a 24/7 customer support.
Some VDR providers also provide additional services like training and consultation that can improve communication and assist you in preparing for major deals. Some VDR providers also offer additional features such as an audit log and notifications when access to the system is restricted. The benefit of these tools will depend on the type and volume of transactions you plan to make.
iDeals offers advanced security features like encryption and two-factor authentication. It also has an infrastructure that is continually monitored to ensure uptime and virus scans. Its search engine is able to locate any document in seconds and its optical character recognition tool is able to perform a full-text search across mergers and acquisitions documents. Another feature that is useful is dynamic watermarking. This allows users to add their logos to documents and alter the way they appear when downloading, viewing or printing.
iDeals is a virtual data room that can be used by any business size and industry. It is among the most effective. Its user-friendly interface is easy enough for accountants with no experience to understand but sophisticated enough for CFOs and upper management to appreciate. Other notable features include tracking and sharing activity, the ability build a custom-designed interface, and the ability to assign permissions for project. iDeals offers a trial for free and three pricing plans.
