Strong Business with an online Data Room
Virtual data rooms can be an invaluable tool for a variety of business ventures that require professional document management storage, sharing and storage. Businesses from all industries utilize VDRs for many different reasons including M&A, due diligence, collaboration and much more.
A secure VDR can help legal firms cut down on paperwork, improve the efficiency of data collection and transfer, and reduce costs. Investment banks employ VDRs to streamline M&A, capital raising and IPOs, and also for facilitating strategic partnerships as well as other financial transactions. Accounting and auditing firms are able to collaborate and share documents with clients in a secure environment that makes it easy to locate specific information in huge volumes of information.
Life science companies rely on intellectual property in order to carry out their R&D. It’s crucial to ensure that they have the highest levels of security. Life science companies use VDRs for everything from clinical trials results and HIPAA compliance to licensing IP and storing patient files. iDeals offers all the features you would expect from the VDR including drag-and-drop uploader auto-indexing, numbered folders and advanced search. It also allows collaboration within the document view and provides reporting tools to provide insight into which documents are viewed and the times they are viewed.
Customers appreciate iDeals for its user-friendly interface, as well as extensive reporting tools. The support staff of the company is also highly regarded for being available to address any questions. Some users have complained that the program is lacking in essential functions and takes some time to learn.