Uncategorized Key Features and Functions of Virtual Data Room

Key Features and Functions of Virtual Data Room

Data rooms are a scalable and secure method of sharing confidential information. They are used extensively by a variety of industries to conduct due diligence and collaborate during mergers and acquisitions (M&A), license IP and provide audits and reports to clients. This article reviews the most important features and functions for virtual data rooms and gives suggestions on how you can select the best provider.

The primary purpose of VDRs is to provide an adaptable platform that permits users to collaborate on sensitive documents. Documents can be uploaded and synchronized using desktops, shared folders FTP, or corporate content management systems. Users can also use drag-n’drop to upload multiple files at a time and the VDR’s index search functionality helps them find the information they require quickly.

iDeals allows users to add custom headers and footers to documents displayed in the virtual data rooms, which ensures consistent branding throughout the entire project. Additionally, iDeals provides an optional PDF printer that can be used to create customized PDFs of documents displayed in the virtual data room. Users can choose a watermark pattern or color, and decide whether or the document is secured with passwords, or if it needs to be printed or downloaded for viewing.

iDeals redaction feature safeguards sensitive data by taking specific text or image fragments from any document, including docx, txt images, and pptx. iDeals also allows automatic redaction of Q&A documents to prevent sensitive information from falling into the wrong hands.


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