A virtual data room (VDR) is an online secure repository that allows companies to share confidential documents with other people. While there are numerous free file-sharing applications on the market, they don’t provide the same level security that a dedicated virtual data room can provide. In addition, these tools do not provide the ability to set permissions or auditing capabilities, which is vital when sharing confidential business information with other people.
Businesses must ensure that the people involved in due diligence, M&A and corporate financial transactions can work together smoothly. Virtual data rooms help reduce the stress that comes with these processes through facilitating document management and collaboration. However not all VDRs are created equal and it is essential to know what features to look out for when selecting a provider.
iDeals is a well-known VDR solution for M&A, due diligence, and other complicated business processes. It is extremely user-friendly and features mobile and desktop applications, a multilingual interface, and advanced tools for user and document management. In addition, iDeals offers Website several security certifications that prove the reliability of its infrastructure as well as the protection of sensitive information.
Different from other providers, iDeals offers an easy-to-use graphical user interface, which allows users to navigate the system and find what they’re looking. It also supports multiple language and a drag-and-drop feature to upload large amounts of files. iDeals also comes with a variety of tools to protect files, including watermarking and auto-indexing.
()