Data rooms can be a flexible and secure way to share confidential information. Data rooms are utilized by many industries to perform due diligence, cooperate in mergers and acquisitions as well as to license IP or share reports data ethics: a new frontier in corporate responsibility and audits. This article outlines the most important features and functions of virtual data rooms, and gives tips on choosing a reliable service.
The primary purpose of VDRs is to provide an open platform that allows users to collaborate on sensitive documents. Documents can be uploaded and synchronized from desktops, shared folders FTP, or enterprise content management systems. Drag-and-drop allows users to upload multiple documents simultaneously. The VDR’s search index assists them to quickly find the information they’re looking for.
iDeals allows users to customize headers for documents displayed in a room that is virtual, allowing an identical brand across the entire project. Additionally, iDeals provides an optional PDF printer which can be used to create custom PDFs of documents in the virtual data room. Users can select the color and design of the watermark and also decide whether or not they wish to protect documents by using passwords or require that they be printed or downloaded to be viewed them.
iDeals Redaction feature guards sensitive information by blacking out particular text fragments or images from any type of document, including documents like doc, docx, TXT as well as ppt, pptx GIF, jpg, and more. iDeals supports automatic redaction of Q&A documents to ensure that sensitive data doesn’t get into the wrong hand.