A virtual dataroom (VDR) allows for the safe sharing of business documents online. Its functionality is valuable to a range of industries, including banking, insurance and pharmaceuticals. VDRs can speed up due diligence, enhance collaboration and reduce costs by eliminating the need to print, file or copy. They are also useful in M&A transactions as well as other large-scale transactions.
iDeals supports 25+ business file formats and allows drag-and-drop to upload files and folders into the platform. Searching for information is made simpler with optical character recognition and full-text search. Users can move between, rename, delete, view and download documents on the platform. iDeals also allows users to join the content of multiple documents into one PDF document. The software provides 24/7 multilingual support via phone, email as well as chat. iDeals is a budget-friendly alternative with many of the same features offered by other premium VDR providers.
SecureDocs is a powerful virtual data space that is highly sought-after by law firms and financial service companies. Its unlimitable storage of data and workspaces make it suitable for a range of business sizes. Security features include audit trail reports, multi-factor authentication and SAML 2.0/SSO. It is also white-labeled, and also has advanced Q&A capabilities.
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