Data rooms can be a flexible and secure way to share confidential information. They are widely used by various industries to complete due diligence or collaborate in mergers data ethics: a new frontier in corporate responsibility and acquisitions (M&A) and to license IP, or share audits and reports with clients. This article will highlight the main characteristics and functions of a virtual data room and provides suggestions on choosing a trustworthy provider.
The primary purpose of VDRs is to provide a flexible platform that allows users to collaborate on sensitive documents. Documents can be uploaded and synchronized from desktops, shared folders, FTP, or even enterprise content management systems. Drag-and-drop lets users upload multiple documents simultaneously. The VDR’s search index helps them quickly find the information they’re searching for.
iDeals allows you to add custom headers and footers to documents displayed in the virtual data room, which allows for consistent branding throughout the project. In addition, iDeals provides an optional PDF printer that can be used to create custom PDFs of documents that are displayed in the virtual data room. Users can select a color and pattern for the watermark and also decide whether or not they wish to protect documents with passwords or require that they be printed or downloaded to be viewed them.
iDeals redaction feature protects sensitive information by eliminating specific text or image fragments from documents of any type such as docx, txt pptx jpg and gif. iDeals supports the automatic redaction of Q&A files to ensure that sensitive data doesn’t get into the wrong hands.