A data room app is a secure method of sharing files with internal and external teams. Often used during mergers and acquisitions, audits and fundraising, business valuations and other occasions, this platform helps to stop sensitive information from being released due to unauthorized users. The key features include dynamic watermarking, granular control of permissions activities logs, and many more. iDeals is an advanced virtual data room application that features an intuitive user interface as well as customizable security settings. It is ideal for compliance and legal companies, but it can also be used in any business that requires an extremely secure environment.
The platform supports numerous file formats and offers features such as drag-and-drop, automatic indexing and intelligent search. Smart analytics offer valuable insight into the activity of the system including a bird’s-eye overview of collections of documents. Its robust security for data and access control ensure an efficient and organized workflow. Other benefits include virus detection, data redaction, as well as an easy interface.
Platform is designed to be used by a diverse variety of industries. It offers features like custom branding, eSignatures at the level of documents and a unified client portal. Its patented SmartLock technology allows administrators to block access to documents after they’ve been downloaded. It is also compatible with the Xero accounting software and comes with an encrypted messaging tool that lets users communicate privately within the platform. It comes with a built-in redaction feature that lets users to conceal any part of a document they do not want to share.