Key Features and Functions of Virtual Data Room

Data rooms provide a flexible and secure platform for sharing private information. They are used extensively by a variety of industries to complete due diligence as well as collaborate during mergers and acquisitions (M&A), license IP and provide audits and reports to clients. This article highlights key features and functions of virtual data rooms and gives suggestions on how to select the most reliable service.

The most important function of the VDR is to provide an open platform that allows users to collaborate on sensitive documents. Documents can be uploaded from desktops shared directories, shared directories, FTP or enterprise content management system. Drag-and-drop lets users upload multiple documents simultaneously. The VDR’s search engine helps them quickly find the information they are looking for.

iDeals allows you to add custom headers and footers to documents in the virtual data rooms, which allows for consistent branding throughout the project. In addition, iDeals provides an optional PDF printer which can be used to create customized PDFs of documents displayed in the virtual data room. Users can select the color and pattern of the watermark and also decide whether or not they would like to secure documents using passwords or require that they be printed or downloaded in order to view them.

iDeals redaction feature protects sensitive information by removing specific text or image fragments from any type document such as docx, txt pptx jpg and gif. iDeals allows the automatic redaction of Q&A files to ensure that sensitive information doesn’t fall into the wrong hands.

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