Investment bankers use virtual datarooms to accomplish a range of tasks. Some examples include M&A capital raising, M&A IPO underwriting. These processes require extensive data sharing and storage, and using an VDR solution that is technologically advanced can help streamline the process.
Many of the best virtual data storage facilities also provide a secure storage system for sensitive data. You can upload documents such financial statements, contracts, and other due diligence documents and be certain that they’re secure from unauthorized access. Some of the top suppliers in the industry provide robust security features including multi-factor authentication. They also offer granular permissions for users audit trails, as well as IP and time limitations.
iDeals is a good option for M&A, due diligence and project management, and is ideal for small – to medium-sized companies and large corporations. It has a clear and simple interface, numerous uploads of files, a custom design, and the ability to set user and group permissions for projects. It also provides a variety of reports on the project’s activity, and is compatible with Apple iOS and Android devices.
iDeals is also popular for M&A as well as real estate management and fundraising, and it can be utilized by companies of any size. It is suitable for both short-term and longer-term projects and can support a variety file formats. It provides a range of reporting options including tracking of activities security compliance, and more.