Data rooms offer a flexible secure and safe platform for sharing private information. They are used extensively by various industries to complete due diligence or collaborate in mergers and acquisitions (M&A), license IP or share audits and reports with clients. This article provides a list of the key features and functions of virtual data rooms. It also provides suggestions on how you can select a trustworthy provider.
The VDR’s most important function is to provide a flexible platform that allows users to collaborate on sensitive documents. Documents can be uploaded and synchronized from desktops, shared folders, FTP, or even enterprise content management systems. Users can also drag-n-drop to upload multiple files simultaneously and the VDR’s index search feature helps them locate the information they require quickly.
iDeals provides the capability to add custom headers and footers to documents displayed in the virtual data room which ensures consistent branding throughout the project. iDeals also provides an optional PDF printer that can be used to create custom PDFs of documents that are displayed in virtual data rooms. Users can choose a color and pattern for the watermark, and then decide whether or not they want to protect documents by using passwords or require them to be printed or downloaded to be viewed them.
iDeals redaction feature guards sensitive data by taking specific text or image fragments from any document such as docx, txt pptx jpg and gif. iDeals also supports automatic redaction of Q&A attachments in order to prevent sensitive information from falling into the improper hands.
