Ideals’ virtual data room is a complete, robust and user-friendly data management program. It is suited for almost any business activity that requires the storage, transfer, or organization of large quantities of data in a safe online environment. This includes due diligence and full-length M&A operations, capital raising, corporate bidding in bankruptcy and restructuring, IPOs as well as board management.
A simple and intuitive interface is equally accessible to the CFO and entry-level accountants and allows them to easily set up https://android-education.net/the-guidance-on-m-a-integration-process-for-post-merger-effectiveness/ the platform to suit their needs. It permits data to be entered in one click and allows document permissions to be customized and two-factor authentication. The system also supports 14 languages as well as scroll-through capabilities to allow easy navigation through thousands of documents.
The audit reports are detailed and provide administrators with full information on the activity on the platform. Administrators can keep track of the number and type of users connected. They can also see how long they stay on the site, as well as the number of documents viewed. They can also revoke document access rights even after downloading. In addition, the system enables administrators to set security rules for the strength of passwords and the expiration date of files.
The system automatically categorizes and ranks users according to their position within the project. Answers are provided to experts without revealing the PII of the person who submitted the question. Participants can talk privately during the answering process and refer to files by clicking on an image. This improves accuracy. The system allows answering coordinators to modify workflows and to assign experts. They can also add comments to questions and provide quick references to files within the virtual data room, which makes the answering process more efficient.
