A virtual data room is a secure platform to share sensitive documents. It is used for due diligence, transactional support and other business functions that require high levels of security. Select a platform that offers access to mobile devices, uploading of files and support for multiple formats to achieve the best results. It should also have folder indexing visually-based reports in real-time, the ability to grant permissions at a granular level, as well as document tracking. Some even come with their own app for easier managing large files.
iDeals is a reliable and sophisticated virtual data room provider that is tried and tested by lawyers, investment bankers, and managers working in organizations around the world. They are considered to be one of the most flexible and result-oriented companies in the market because they listen to their clients and provide them with a solution that fits their requirements perfectly.
The platform has a user-friendly interface that is simple and easy to use. It also has drag-and-drop capabilities to upload large amounts of data. It provides a central repository for all projects. It can be accessed from any device, including iOS and Android phones. It also allows users to create alert preferences and personalize their online experience. Users can also access the centralized administrative console to assign permissions for project or document folders and tracking and monitoring activities.
The iDeals platform is also ideal for M&A due diligence as it has dynamic watermarks, unique tagging and advanced security settings, such as ISO 27001 certification and zero-plugin reliability. It features a clean, intuitive UI that is simple to navigate and accessible from any browser. It supports 25 file types, and comes with a 24/7 omnichannel customer support team.