A well-designed data room is an effective tool that helps you impress investors and speeds up the fundraising process. The ideal VDR will come with an easy-to-use interface that allows users to browse and view the entire document quickly while ensuring security that is enterprise-grade. It also includes features that let you know who has viewed or printed documents. It must, for instance allow two-factor authentication and access restrictions based on IP. Look for certifications of compliance to ensure that your data room provider is up-to-date with industry standards.
iDeals is an intuitive virtual deal space with a built-in file viewer supporting 25+ formats as well as drag-and-drop uploading. This means you'll spend less time uploading files and more time maximizing the value of your data. Additionally, it includes a full-text search feature which allows you to find any document with a few keystrokes. This is particularly useful in large data rooms with numerous files. It also features an automatic index numbering and a customizable structure for folders that makes organizing documents easy. It also has the ability to redact text, images and certain areas of a document so that personally identifiable information remains private and safe.
Additionally, it offers a single sign-on option to allow the right users to access various secured systems without having to re-enter credentials. It also gives you the ability to divide your data room users into groups, so that each group has their own set of permissions. You can assign roles like Full Administrators or Collaboration Users. Each role has predefined privileges. You can also change the notification settings so that you can choose the time to send email alerts for uploaded and deleted documents.