Ideals Virtual Data Room

Ideals virtual dataroom is an extremely robust user-friendly and robust data management software. It is suited for virtually any business operation that requires the transfer, storage or organization of large volumes of data in a safe online environment. This includes due diligence and full-length M&A, capital raising, corporate bids in bankruptcy and restructuring as well as board management.

The user-friendly interface of the platform is easy to configure and understand for both the CFO and the entry-level accountant. It permits data to be entered in one click documents to be granted permissions that can be granularized and two-factor authentication. The system also supports 14 languages as well as scroll-through functions to facilitate navigation among thousands of documents.

The audit reports are detailed and give administrators a complete picture of activity on the platform. Administrators can monitor the number of users who have logged in, their time spent on the site, as well as the number of documents they’ve read. They can also revoke access rights to documents even after they have been downloaded. Administrators can also set security policies for password strength and file expiration.

Users are automatically classified and prioritized by the system based on their role in the project, and responses are sent to experts without divulging the questioner’s personal information. During the answering process, participants can speak privately and make reference to documents with just a mouse click, which improves accuracy. The system allows answering coordinators to modify workflows and reassign experts. They virtual data room can also add notes to questions, with quick references to files in the virtual data room, making the answering process more efficient.