A virtual data room is a safe platform to share sensitive documents. It’s usually used to facilitate due diligence, transaction support, and other operations that require high-level security. Select a platform that offers access via mobile, file uploading and support for various formats to get the most effective results. It should also have folder indexing visually-based reports in real-time, access to permissions in granular ways, and document tracking. Some have their own app that helps manage large files easier.

iDeals is a trusted and sophisticated virtual data room service that has been tried and tested by investment bankers, lawyers and managers in organisations around the globe. They are one of the most flexible, result-oriented companies available. This is because they listen to the needs of their customers and tailor a solution to suit them.

The platform has an intuitive user interface that includes drag-and-drop function to upload large files. It is an integrated repository for all projects, and can be accessed from https://www.dataroomapps.net/5-useful-tips-for-a-successful-business-sale-transaction/ any device, including iOS and Android phones. It also lets users set alert preferences and customize their online experience. Users can also access a central administrative console to assign permissions to document folders, as well as to monitor and report on activities.

The iDeals platform is also a great choice for M&A due-diligence because it has advanced security settings including ISO 27001 certification, zero-plugin reliability, and dynamic watermarks. It offers a simple and intuitive user interface that is simple to navigate and access from any browser. It supports 25 file types, and comes with an all-hours omnichannel customer service team.