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A data room app is a secure method of sharing files with both internal and external teams. It is often employed in mergers and acquisitions, as well as fundraising, business valuations and other similar circumstances. It can help prevent confidential information from being disclosed by unauthorized users. The most notable features include dynamic watermarking and granular access control. iDeals offers a virtual information room with a user-friendly interface and a variety of security options that can be customized. It is ideal for legal and compliance firms, but can also be used in any industry that requires the highest security.

The platform is compatible with a variety of formats of files, and provides features like drag-and-drop, auto indexing and intelligent search. It also offers useful information on activity through smart analytics, including a bird’s-eye view of document collections. Its robust data security and access control provide an efficient and well-organized workflow. Other benefits include virus scanning and redaction of data, as well as an intuitive interface.

Platform is designed to be used by a diverse range of industries. It includes features like custom branding, document level eSignatures and a client portal that is integrated. The platform’s proprietary SmartLock Technology lets administrators restrict access to documents even after the documents have been downloaded. It’s also compatible with Xero’s accounting program, and also has a secure message feature that lets users communicate privately within the platform. It comes with a built-in redaction feature that allows users to hide any part of a document that they do not want to share.

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