Data room software assists businesses complete a variety of transactions in line with buyer, investor and regulatory requirements. It provides an ultra-secure environment for sharing confidential documents, easing the due diligence process and increasing the efficiency of transactions.
In a highly competitive market, it is essential to choose the right solution that best suits your business. iDeals offers a free trial to try out the platform and see whether it is suitable for your needs. It is easy to use and it can be set up to satisfy your requirements for a data room. You can design a custom collaboration workspace and upload your logo and alter the themes colors. It also supports multiple languages, and has an optimized mobile-friendly interface.
A robust search feature allows you to quickly find the document you need and an intelligent preview feature lets you see tiny snippets of the document before it’s opened. A comprehensive audit log and two-step verification of identity help you keep track on all activities within the data room.
During the due diligence process for M&A or restructuring, it is typical to receive questions from the other side. A Q&A module that is properly implemented can facilitate this process and help keep negotiations moving in a timely manner.
A central library and a customizable organization of folders will help you keep track all your files, even the most important ones. Drag-and-drop allows you to upload many files simultaneously. You can also set access permissions for each letter of Intent to invest file, restrict printing and downloading, and track the activity of all users with detailed reports.