A virtual dataroom (VDR) allows for the safe sharing of documents for business online. Its capabilities are beneficial to a range of industries, including banking, insurance and pharmaceuticals. VDRs can speed up due diligence, increase collaboration and reduce costs by removing the necessity to print, file or copy. They also are useful for M&A and other large-scale transactions.
iDeals provides support for 25+ business file formats and offers drag-and-drop functionality to upload folders and files into the platform. Finding information is made simpler with optical character recognition and full-text search. Users can move between, rename, delete, view and download files from the platform. iDeals allows users to combine the contents of multiple documents into a PDF document. The software provides 24/7 multilingual support via email, phone, and chat. iDeals is a reasonable alternative with many of the same features offered by other premium VDR providers.
SecureDocs is a robust virtual data room that’s popular with law firms as well as financial service companies. Its unlimited storage capacity for data and workspaces make it perfect for a range of business sizes. The security features offered by this provider include audit trail reports, multi-factor click here to read authentication and SAML 2.0/SSO. In addition, it can be white-labeled, and it has advanced Q&A functionality.