iDeals is one of the most efficient platforms for managing corporate files and simplifying complicated M&A transactions. It allows you to save time, money and space on the storage, organization, and handling paper documents. The tool can be used by large and minor companies throughout the course of their business.
The platform comes with a variety of advanced functions such as customizable workflows and Q&A role, document watermarks, spreadsheet encryption as well as a variety of viewing options (Fence View, View Excel with formulas, View Excel without formulas) and an incredibly detailed file tracking feature that shows how long each user spends on particular pages or documents. Its search function detects exact and partial matches and can work on documents, folders including PDFs, images, or even PDFs. It allows you to create folder structures and arrange documents in a way that will make it easier for users to navigate.
It is important to have a dependable customer service team and to be able to utilize the dataroom on a variety of devices. Find a provider who provides its services 24/7 and offers live chat, phone or email support in multiple languages.
Users can invite users in bulk https://buytechnogroup.com/navigating-business-brilliance-the-virtual-data-room-advantage/ using a spreadsheet or by using spreadsheets. They can manage permissions for individuals and groups, such that they have access to documents as well as the Q&A section and how often they receive notifications regarding new uploads. They can also include security measures such as two-step authentication of user identities that requires password and a single-use code generated by an authenticator app or SMS sent to the user’s mobile device to ensure the security of the data.