A data room is a secure place to share files with teams from both sides. This platform is often used in mergers and acquisitions, as well as for fundraising, business valuations and similar situations. It prevents sensitive information from being released by unauthorized users. Key features include dynamic watermarking, granular control of permissions as well as activity logs and much more. iDeals offers a virtual data room with a user-friendly interface and a variety of security options that can be customized. It is ideal for legal and compliance companies, but it can be utilized by any sector that requires a high level of security.
The platform supports a wide range of file formats and offers features such as drag-and-drop uploading, auto indexing, and intelligent search. Smart analytics give valuable insight into the system’s activities including a bird’s-eye look at the collections of documents. Its robust security of data and access control guarantee an efficient and well-organized workflow. Other advantages include virus scans, data redaction and an easy to use interface.
The platform is designed to work with a variety of industries and provides features like customized branding, document-level electronic signatures, an integrated client portal, and a dedicated project manager. Its patented SmartLock technology lets administrators restrict access to documents even after they’ve https://tophousecompany.com/best-file-sharing-software-for-windows-10/ been downloaded. Additionally, it is compatible with the Xero accounting software and comes with a secure messaging tool that lets users communicate with each other privately within the platform. It also comes with a built-in redaction feature that lets users to hide any part of a document that they don’t want to share.