Data room software assists businesses complete various transactions in accordance with the buyer, investor and regulatory requirements. It provides a safe environment to share private documents, speeding up the due diligence process and improving efficiency of deals.

In a market that’s extremely competitive, it’s essential to find a solution that is suitable for your business. iDeals offers a no-cost trial for you to test the platform to see if it matches your requirements. It is easy to use and it can be configured to meet your data room requirements. You can customize your workspace for collaboration by uploading your logo, and alter the theme colors. It also supports multiple languages, and has an optimized mobile-friendly interface.

A robust search function enables you to quickly find the document you need, and the smart preview feature shows tiny snippets of the document before it’s opened. A detailed audit log and two-step verification of identity help you keep track of all activities in the data room.

During due diligence on restructurings or mergers It is not uncommon to receive questions from the other side. A well-implemented Q&A module can streamline this part of the process and ensure that negotiations are moving forward in a timely manner.

A central library and a data room online info customizable folder structure can aid in keeping the track of all files, including the most important ones. Drag-and-drop allows you to upload several files simultaneously. You can also control access rights for each file, restrict downloading or printing, and track activity through detailed reports.