A virtual dataroom (VDR) allows for the safe sharing of documents for business online. Its features are useful to a broad range of industries which include banking, insurance and pharmaceuticals. VDRs aid in speeding the process of due diligence as well as improve collaboration. They also reduce costs through removing the need to print, file, and copying. They also help in M&A transactions as well as other large-scale deals.
iDeals provides support for 25+ file formats for business and offers drag-and-drop functionality to upload files and folders into the platform. Searching for information is made simpler with optical character recognition and full-text search. Users can move between, rename, delete, view and download files from the platform. iDeals allows users to merge multiple files into a single PDF document. The software provides 24-hour multilingual support via phone, email, and chat. iDeals provides many of the same features other premium VDR providers offer.
SecureDocs, a powerful virtual dataroom, is a favorite among law firms as well as financial service firms. The unlimited storage capacity of its data and workspaces make it perfect for businesses of all sizes. The security features of this provider include audit trail reporting, multi-factor authentication and SAML 2.0/SSO. Additionally, it is white-labeled, and it has advanced Q&A capabilities.
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