A data room application is a secure platform for sharing files between internal and external leading board portal software teams. It is often used during audits, mergers and acquisitions and fundraising, business valuations and many more, this platform helps to stop sensitive information from being leaked due to unauthorised users. Key features include dynamic watermarking, granular permission controls activities logs, and much more. iDeals offers a virtual information room that features a user-friendly interface and a variety of security options that can be customized. It is perfect for legal and compliance firms but can be used in any business that requires an extremely secure environment.
The platform supports a variety of file formats and offers features like drag-and drop, auto indexing and intelligent search. It also offers valuable insight into activity via smart analytics, including an eye-level view of document collections. Its strong data encryption and access control ensure an efficient and organized workflow. Other advantages include virus scans as well as data redaction, and an intuitive interface.
The platform is designed for different industries and includes features like customized branding, document-level eSignatures along with a unified client portal, and a dedicated project manager. Its patented SmartLock technology lets administrators remove access to documents after they’ve been downloaded. Additionally, it’s compatible with the Xero accounting software and includes a secure messaging tool that allows users to talk to each other privately within the platform. It has a built in redaction feature that lets users to hide any part of a document that they don’t want to share.