A data room is a safe platform for sharing files between team members both from within and outside. It is often employed in mergers and acquisitions, as well as in fundraising, business valuations and other similar circumstances. It prevents sensitive information from being released by unauthorised users. The key features include dynamic watermarking, granular permission controls activities logs, and much more. iDeals is a sophisticated virtual data room that comes with an intuitive user interface and customizable security settings. It is perfect for compliance and legal companies but can be utilized in any industry that demands the highest security.
The platform supports a broad range of formats for files and features include drag-and-drop uploading, automatic indexing and intelligent search. It also offers an important insight into activity through smart analytics, including an eye-level view of document collections. Its data encryption is robust and access control help ensure the efficiency and organization of workflow. Other benefits include virus scanning data redaction and an easy interface.
Platform is designed to be used by a wide variety of industries. It provides features such as custom branding, document level eSignatures and an integrated client portal. The platform’s trademarked SmartLock Technology allows administrators to restrict access to documents even after the documents have been downloaded. It also works with Xero’s accounting software, and includes a secure messaging feature that allows users to communicate privately with the platform. It comes with a built-in redaction feature that allows users to block any part of a document they don’t want to share.