iDeals is one of the most efficient platforms for managing corporate files and simplifying complicated M&A transactions. It helps you save time and money as well as space for managing, storing and transferring paper documents. This tool can be utilized at any stage of a company’s business by both small and large companies.

The platform offers a range of advanced features, including customizable workflows and Q&A roles. It also includes watermarks for documents, spreadsheet encryption and multiple views (Fence Views, View Excel with Formulas, View Excel Without Formulas) and detailed tracking that shows the amount of time each user has spent working on specific documents or pages. Its search function is able to detect complete and partial matches. It can work on documents, folders including PDFs, images, or even PDFs. It allows you to create folder structures and arrange documents in a way that makes it easier for users to navigate.

A reliable customer support team and the ability to access the data room on a variety of devices is crucial. Choose a provider that provides its services 24 hours a day, and offers live chat, phone support or email in multiple languages.

Users can invite users in bulk, or by using a spreadsheet. They can customize the permissions for groups as well as individuals, such as access to documents as well as the Q&A section, as well as how often they will receive notifications of new uploads. They can also include security features, such as two-step authentication which requires the use of a password as well as a single-use code that is sent via SMS or an authenticator apps on the user’s device to ensure the integrity of data.