Ideals virtual dataroom is a strong, user-friendly and comprehensive data management software. It is suitable for virtually every business activity requiring the storage, transfer or management of large quantities of data in a secure online environment. This includes due diligence and full-length M&A capital raising, corporate bids in bankruptcy and restructuring as well as board management.

An intuitive graphical interface is equally evident to the CFO as well as the accountants at the entry level and allows them to quickly set up the platform to meet their requirements. It permits the entry of data with a single click, document permissions to be granularized and two-factor authentication. The system also supports 14 languages and scroll-through functionality for easy navigation between thousands of documents.

Comprehensive audit reports provide administrators with full information on the activity on the platform. Administrators can keep track the number and types of users that are logged in. They can also track how long they stay on the website, as well as the number of documents that have been seen. They can also revoke document access rights even after downloading. Administrators are also able to set security policies for password strength and file expiration.

Users are automatically classified and prioritized by the system in accordance with their role in the project, and answers are provided to experts without divulging the questioner's PII. Participants can speak privately during the answering process and access files by clicking on the file. This improves accuracy. The system lets answering coordinators alter workflows and assign experts. They can also add quick references to files within the virtual data room, as well as add comments to questions, which makes the answering process more efficient.