A provider of data room software provides secure online storage for your sensitive documents, allowing you to share it with anyone. It should also be simple to use, with a low learning curve and 24×7 customer assistance.
Some VDR providers also offer additional services such as training and consultation, which can enhance communication and assist you in preparing for major deals. Others may offer additional features, like an audit trail, as well as notifications when access is revoked. The benefit of these tools will depend on the type and volume of transactions you intend to make.
iDeals offers advanced security features, such as encryption and 2-factor authentication, as well as an infrastructure that’s constantly monitored for uptime and virus scanning. Its search engine can find any document in seconds, and its optical character recognition tool allows for a full-text search across files. Another great feature is dynamic watermarking, which permits users to add their logos to documents and modify how they appear when viewing, downloading or printing.
iDeals is suitable for all sizes of businesses and industries making it one of the top virtual data rooms. Its intuitive interface is easy enough for accounting professionals at a beginner level to comprehend, yet sophisticated enough for CFOs and senior managers to appreciate. Other noteworthy features include tracking and sharing activity as well as the ability to design a custom-designed template, and the ability to assign permissions for project. iDeals offers a free trial along with three pricing plans.