Ideals Virtual Data Room
Ideals virtual dataroom is a robust user-friendly and complete data management software. It is suitable for almost any business operation that requires the transfer, storage or organization of large quantities of data in a secure online environment. This includes due diligence and full-length M&A capital raising, corporate bids, bankruptcy and restructuring and board management.
The platform’s intuitive interface is easy to configure and understand for both the CFO and the accountant who is just starting out. It permits information to be entered with a single click documents to be granted permissions that can be granularized and two-factor authentication. The system also supports 14 languages and scroll-through functionality for easy navigation through thousands of documents.
Detailed audit reports give administrators a complete picture of activity on the platform. Administrators can keep track of the number of users that have logged in, their time spent on the site, and the amount of documents they have seen. They can also deprive access rights to documents after they have been downloaded. Administrators are also able to set security guidelines regarding the strength of passwords and expiration of files.
The system automatically classifies and prioritizes users based on their role within the project. Answers are provided to experts without revealing the personal information of the person who submitted the question. During the answering process participants can converse privately and refer to files with a single click, improving accuracy. The system also permits answering coordinators to assign experts and alter the workflow. They can also include quick references to files within the virtual data rooms to answers, thereby making the process of answering more efficient.
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