A virtual data room is a secure system for sharing sensitive documents. It is typically used for due diligence or transaction support, as well as other business processes that require a high level of security. To get the best results, choose a system that allows mobile access and uploading files, and supports multiple formats. It should also offer folder indexing, visual reports in real-time, granular access rights and document tracking. Some include their own application to make managing large files easier.
iDeals is a trusted and advanced virtual data room provider that is tried and tested by lawyers, investment bankers and managers in organizations around the world. They are regarded as one of the most flexible and efficient companies in the market because they listen to their customers and offer them solutions that meet their requirements perfectly.
The platform comes with a user-friendly interface with drag-and-drop capabilities to upload large files. It provides a central repository for all projects, and is accessible from any device, including iOS and Android phones. It also allows users to set alert preferences and customize their online experience. Users can also utilize an administrative console centrally to assign permissions to documents or projects folders, and to track and report on the activities.
The iDeals platform can also be used for M&A due diligence because it comes with advanced security settings like ISO 27001 certification, zero-plugin reliability, and dynamic watermarks. It offers a simple and intuitive user interface that is easy to navigate and accessible from any browser. It also supports 25 file formats and comes with an Omnichannel support team that is available 24/7.