Ideals’ virtual room for data is a robust, comprehensive and user-friendly data management software. It is suitable for every business activity requiring the data room life sciences storage, transfer or management of large volumes of data in a secure online environment. This includes due diligence as well as full-length M&A operations capital raising, corporate bidding as well as restructuring and bankruptcy IPOs and board management.
The platform’s intuitive interface is easy to configure and comprehend for both the CFO and the accountant who is just starting out. It allows for one-click data populating with granular document access rights and two-factor authentication. The system also supports 14 languages as well as scroll-through functions to facilitate navigation among thousands of documents.
Audit reports that are thorough give administrators a complete picture of activity on the platform. Admins can keep track of the number and type of users that are logged in. They can also track how long they are spending on the website, as well as the number of documents seen. They can also deactivate access to documents rights even after downloading. In addition, the system enables administrators to establish security policies for the strength of passwords and file expiration.
Users are automatically classified and prioritized by the system based on their roles in the project. Answers are sent to experts without divulging the questioner’s PII. Participants can communicate privately during the answering process and refer to files by clicking on a file. This improves accuracy. The system also permits answering coordinators to shift experts and alter the workflow. They can also add comments to questions with quick references to files in the virtual data room, making the answering process more efficient.
