A virtual data room (VDR) is an online repository that allows the secure sharing of business documents. Its benefits are valuable to a range of industries such as banking, insurance and pharmaceuticals. VDRs can accelerate due diligence, increase collaboration, and cut costs by removing the need to print, file and copy. They also aid in M&A transactions as well as other large-scale transactions.

iDeals supports 25+ file formats for business and offers drag-and-drop functionality to upload folders and files into the platform. Character recognition with https://dataroomsales.com/best-digital-data-rooms-for-app-security/ optical character recognition and a full text search allows users to locate data quickly. Users can move between, rename, delete, view, and download documents from the platform. iDeals can also combine the contents of multiple documents into a PDF document. The software offers 24/7 multilingual support via email, phone as well as chat. iDeals provides many of the same features other premium VDR providers offer.

SecureDocs is a robust virtual data room well-liked by law firms and financial services companies. The unlimited storage capacity of its data and workspaces make it suitable for a variety of businesses sizes. Security features include audit trail reports, multi-factor authentication and SAML 2.0/SSO. In addition, it can be white-labeled, and it has advanced Q&A functionality.