A virtual data room (VDR) is an online repository that allows the secure sharing of business documents. Its features are useful to a broad range of industries that include insurance, banking and pharmaceuticals. VDRs can speed up due diligence, increase collaboration and lower costs by eliminating the need to print, file and copy. They also aid in M&A transactions as well as other large-scale deals.
iDeals offers support for 25+ business file formats and offers drag-and-drop functionality to upload files and folders into the platform. Optical character recognition and full text search help locate information quickly. Users can download, view as well as move, rename and delete documents. iDeals allows users to merge multiple files into one PDF document. The software provides 24-hour multilingual support via phone, email as well as chat. iDeals includes many of the same features other premium VDR providers provide.
SecureDocs, a powerful virtual dataroom is a hit among law firms and financial service firms. The unlimited storage capacity of its data and workspaces make it ideal for a variety of business sizes. The security features of this provider include audit trail reporting, multi-factor authentication, and SAML 2.0/SSO. It is also white-labeled https://dataroomsales.com/board-room-software-is-a-helpful-hand/ and comes with advanced Q&A capabilities.