A provider of data room software provides secure online storage for your sensitive documents, which allows you to share it securely with anyone. It should also be simple to utilize, with a minimal learning curve and 24-hour customer support.
Certain VDR providers also offer additional services, like training and consulting. These can help you prepare for crucial transactions and increase communication when you are in the middle of a deal. Other providers may provide additional features, such as an audit trail or notifications in the event of access being revoked. Whether these are a worthwhile investment is dependent on your individual needs and the type of transaction you’re looking to make.
iDeals provides advanced security options, such as encryption and two-factor authentication. It also has an infrastructure that is continuously monitored to ensure uptime and virus scans. The search engine can find any document in a matter of seconds, and its optical character recognition tool can perform full-text searches across documents. Dynamic watermarking is another helpful feature that enables users to add their logos to documents and customize the way they are displayed when browsing, downloading or printing.
iDeals is an online data room that is suitable for businesses of any size and industry. It is among the best. Its intuitive interface is easy enough for accountants at entry level to comprehend, yet sophisticated enough for senior management and CFOs to appreciate. Other notable features include the ability to record and share information as well as the option of creating custom designs, and the ability to define permissions for projects. iDeals offers a free trial and three pricing plans.