Data rooms offer a flexible and secure way to share confidential information. They are extensively used by a recommended you read: a detailed comparison of data room versus dataroom variety of industries to conduct due diligence as well as collaborate during mergers and acquisitions (M&A) or to license IP, or share audits and reports with clients. This article reviews the most important features and functions of virtual data rooms and gives guidelines on how to select a trustworthy provider.
The primary function of the VDR is to provide a platform that is flexible and allows users to collaborate on sensitive documents. Documents can be uploaded via desktops, shared directories, FTP or enterprise content management system. Drag-and-drop allows users to upload multiple documents at once. The VDR’s search index helps them quickly locate the information they’re seeking.
iDeals lets users customize headers for documents displayed in a room virtual, which allows for consistency across the entire project. In addition, iDeals provides an optional PDF printer which can be used to create customized PDFs of documents in the virtual data room. Users can select the color and pattern of the watermark, and choose whether or not they wish to secure documents with passwords or require them to be printed or downloaded in order to view them.
iDeals redaction feature safeguards sensitive information by the removal of specific text or picture fragments from documents of any type, including docx, txt pptx jpg and gif. iDeals allows the automatic redaction of Q&A files to ensure that sensitive information does not fall into the wrong hands.