iDeals VDR provides an online collaboration platform that enables secure storage, sharing of files, and communication. With the aim to “create more prosperity for the world by accelerating high-stakes business decisions,” the platform is a trusted partner for M&A transactions due diligence, bankruptcy, restructuring and board communications. Its affordable pricing and top-quality customer service, in addition to its flexible features, make it the top choice among data rooms.
The software lets administrators keep track of all activities in the virtual space, including downloads and file views, searches and time spent online. Administrators can review the information in PDF or Excel formats. The tool iDeals VDR also grants the ability to access threads in a more restricted manner, making it possible for users to access only the discussions they are allowed to view. The Q&A module allows administrators to create FAQs that can be used to answer frequently asked questions and enhance collaborative efforts on projects.
In addition, iDeals provides a robust search feature that uses various parameters to narrow results and eliminates the need for manually searching for keywords. It can even identify duplicates and suggest possible matches to speed up searching. It can also automatically classify documents by keywords to make retrieval easier. Security measures include firewalls and data encryption. Watermarks and restricted access are also incorporated into the. It complies with compliance regulations like GDPR, HIPAA and FERPA.
The tool is easy to use and understand, even for those who are not technologically proficient. Its extensive documentation, video tutorials and FAQs are accessible to help users quickly. The team behind the platform is always there to assist. iDeals is known for having one of the fastest chat and email response times in the market. It also offers a free trial period for new customers, and it is accessible on any computer running a Windows operating system.