Choosing an Ideal Data Room

A data room can be a powerful tool to impress investors and accelerate the process of fundraising. The right VDR will come with an intuitive and simple interface that allows users to browse and access all documents with ease while ensuring security that is enterprise-grade. It also comes with features that allow you to keep track of who has printed or viewed files. For instance, it could allow two-factor authentication, a timed access expiration and IP-address based access limitations. Check for compliance certifications to ensure that your data room provider has met the highest standards of industry.

iDeals is a nifty virtual deal space with a built-in file viewer supporting 25+ formats and drag-and drop uploading. This means that you can spend less time uploading files and more time maximizing the value of your data. It also has a comprehensive text search feature that lets you search for any document in just a few keystrokes. This is particularly useful in large data rooms that contain numerous files. It also comes with an automatic index numbering system, and a re-usable file structure which makes organising documents simple. It is also able to remove images, text as well as specific areas of documents to keep personal identifiable information secure and private.

Additionally, it supports a single sign-on method that allows the right users to access various secured systems without having to re-enter credentials. It also offers the option of splitting your data room users into groups, so that each group is assigned a set of rights. For instance, you can assign roles like Full Administrators, Collaboration Users and Individual Users Each comes with a predefined set of rights. You can also alter the notification settings so that you can choose when to send email notifications for uploaded and deleted documents.