A virtual dataroom (VDR) allows for the safe sharing of documents for business online. Its functionality is invaluable to a variety of industries, including insurance, banking, and pharmaceuticals. VDRs aid in speeding the process of due diligence enhance collaboration, and reduce expenses by removing the need for printing, filing, and copying. They https://dataroomsales.com/why-do-you-need-a-virtual-data-room/ also work well for M&A as well as other large-scale transactions.

iDeals provides support for 25+ file formats for business, and features drag-and-drop ease to upload files and folders into the platform. Character recognition with optical character recognition and a full text search make it easier to find information quickly. Users can move between, rename, delete, view and download documents on the platform. iDeals allows users to merge the content of multiple documents into a PDF document. The software provides 24-hour multilingual support via phone, email and chat. iDeals is a reasonable option that offers many of the same features offered by other premium VDR providers.

SecureDocs is a robust virtual data room that is popular with law firms as well as financial services companies. Its unlimited storage capacity for data and workspaces make it ideal for a variety of businesses sizes. Security features include audit trail reports, multi-factor authentication, and SAML 2.0/SSO. It is also white-labeled and comes with advanced Q&A capabilities.