A data room software provider offers secure online storage of sensitive documents which you can share with anyone. It should also be easy to use, with a low learning curve and 24×7 customer assistance.
Certain VDR providers also provide additional services such as consulting and training that can enhance communication and help you prepare for important transactions. Some VDR providers offer additional features like an audit log and notification when access to the system is denied. If they’re worth the investment is dependent on your individual requirements and the type of transaction you’re planning conduct.
iDeals provides advanced security features, like encryption and 2-factor authentication, along with an infrastructure that’s monitored continuously for uptime and virus scanning. Its search engine can find any document in just seconds, while its optical character recognition tool allows full-text click site search of files. Another feature that is useful is dynamic watermarking that allows users to add their logos documents and change how they are displayed when downloading, viewing or printing.
iDeals is suitable for all business sizes and industries, making it one of the most effective virtual data rooms. Its user-friendly interface is simple enough for entry-level accountants to grasp, yet sophisticated enough for CFOs as well as senior management to appreciate. Other notable features include the capability to record and share information as well as the option of creating a custom design as well as the ability to assign permissions to projects. iDeals is available for a free trial and three pricing plans.