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A provider of data room software offers secure online storage for sensitive documents that you can securely share with anyone. It should be easy to use and comes with a quick learning time and a 24/7 customer support.

Some VDR providers offer additional services, such as training and consultation that can improve communication and assist you in preparing for important deals. Other providers may provide additional features, for example, an audit trail and notification when access is removed. If they’re worth the investment is contingent on your particular needs and the type of transaction you’re looking to conduct.

iDeals provides advanced security options, such as encryption and two-factor authentication. It also has an infrastructure that is constantly monitored to ensure uptime and virus scans. Its search engine can find any document in seconds, and its optical character recognition tool is able to perform full-text searches across files. Dynamic watermarking is another helpful feature that enables users to include their logos on documents and change the way they appear on browsing, downloading or printing.

iDeals is an online data room that is suitable for businesses of any size and industry. It is among the most effective. Its intuitive interface is easy enough for accounting professionals with no experience to understand, but sophisticated enough for senior management and CFOs to appreciate. Other noteworthy features include the ability to monitor and share activity and create an individual design as well as the ability to assign permissions to projects. iDeals offers a trial for free and three pricing plans.