Ideals Virtual Data Room

Ideals’ virtual room for data is a full, robust and user-friendly tool for managing data. It is ideal for any business activity that requires the storage, transfer or organization of large amounts of data in a secure online environment. This includes due diligence as well as full-length M&A virtual data room operations, capital raising, corporate bidding and restructuring, bankruptcy, IPOs, as well as board management.

A simple and intuitive interface is equally evident to the CFO and entry-level accountants and allows them to easily set up the platform according to their needs. It offers one-click data population, granular document permissions and two-factor authentication. The system also supports 14 languages and scroll-through capabilities to allow easy navigation among thousands of documents.

The audit reports are detailed and give administrators a complete picture of activity on the platform. Administrators can keep track of the number of users logged in, their time spent on the site, as well as the amount of documents they have read. They can also deactivate access to documents rights even after downloading. Administrators can also set security policies for password strength and file expiration.

The system automatically classifies and prioritizes users according to their role within the project. Answers are provided to experts without revealing the PII of the question submitter. During the answering process, participants can converse privately and refer to documents with just a click, increasing the accuracy. The system allows answering coordinators to alter workflows and assign experts. They can also add comments to questions and provide quick references to files in the virtual data room, making the answering process more efficient.