Secure Document Exchange with VDR
When a merger, acquisition, or other business transaction sensitive documents have to be scrutinized and approved by multiple parties. A virtual data room (VDR) which lets you securely share documents with the right stakeholders, is a great way to do this. This type of online repository is the most popular option for governments, businesses and other organizations who want to secure private data and files from hackers and other malicious actors.
A VDR allows businesses to find more information store documents securely online, making them available for authorized users from any device and at specific times. The platform can be used to accomplish a wide array of projects like M&A due diligence, fundraising, partnering, and more. This tool can be used by all industries, but it is especially useful for businesses in the technology and life sciences which require protection of private data.
You’ll require a VDR with robust security measures for working with investors, service providers, or internal employees who be able to access sensitive documents and intellectual property. The most secure VDRs feature extensive document authorization and perspective restriction settings, including features such as two-factor authentication and views-only options. Additionally, look for a VDR that offers pages-level activity tracking and reports to help you keep on top of how your data is being used and ensure compliance with the regulatory requirements.
iDeals offers bank-grade security, ease of use, and a comprehensive set of tools that make it a top option for M&A due diligence and pharma product development, intellectual property submissions, and board meetings. It includes a simple upload and download process, secure PDF generation and the ability to sync local folders with data room folders.