All iDeals Virtual Data Room Reviews

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User Profile

Chris

Verified reviewer

Investment Management, 11-50 employees

Used weekly for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed March 2020

iDeals VDR review

PROS

we typically use iDeals software to run and manage virtual data rooms for ongoing transactions. We benchmarked the product against their key competitors and found iDeals to offer comparable product features at competitive pricing

CONS

No issues noted to date. Everything from initial set-up to operation has been flawless

Reasons for switching to iDeals Virtual Data Room

primarily due to value for money and functionality. Although, previous VDR software provider package became expensive on a per page basis when we exceeded our initial signed-up storage capacity

Jaimin

Pharmaceuticals, 11-50 employees

Used daily for less than 12 months

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed March 2020

Great product with great features!

PROS

Special features of iDeals data room which are not available in other data rooms as per our previous experience. The best feature in the iDeals data room is sharing the confidential documents with the external parties in a way that they cannot download/print the documents. Also the watermark in background will be generated automatically. Multiple admins can manage the data room, also the log can be monitored (i.e. timestamp of activity, who spent how much time on which document, etc.) Admin can limit the data room use in advance by setting up the end date and make it unable for external users. This helps to complete the review in timely manner.

CONS

I could not find any cons for this product.

Reason for choosing iDeals Virtual Data Room

Better price, user friendly, better customer service as well as partners were familiar with this product better than the other!

Reasons for switching to iDeals Virtual Data Room

iDeals was able to provide the confidential platform with no downloads, no prints and automatic watermarks which helped us to share the documents with better security and confidence.

Cary

Computer Software, 51-200 employees

Used daily for less than 6 months

Review Source: Capterra

OVERALL RATING:

3

EASE OF USE

1

VALUE FOR MONEY

1

CUSTOMER SUPPORT

3

FUNCTIONALITY

4

Reviewed December 2016

Not so "Ideal"s

Data room seems good once you're in. But if you actually want users to be able to get in easily, you'd be best looking elsewhere. Spam blocking has made this almost impossible for users to receive invitations. Then they are instructed to "and @ideals and Ip address" to whitelist ... so then you need to get your corporate IT department involved and ask everyone you invite to do the same; so in this case, not really "ideal"s.

PROS

like the features once in

CONS

can't get users into the room easily. 100% of the users I've invited have spent lots of time trying to figure out how to get in, even AFTER searching spam to find the link.

Pablo

Banking, 11-50 employees

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed August 2020

Excellent platform for M&A deals with a competitive price

10/10 with a competitive price and an easy-to-use platform

PROS

Easy to use with a wide range of functionabilities including a well designed Q&A section

CONS

Lack of Spanish local team for a fast support

Reason for choosing iDeals Virtual Data Room

Good past experience with the product in past M&A deals

Reasons for switching to iDeals Virtual Data Room

Very expensive

Antoine

Investment Banking, 11-50 employees

Used weekly for less than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed October 2019

High Value for Money: a Complete Solution

iDeals truly made our lives and that of the clients easier. The user-face is extremely user friendly and easy to manage, while the fees are very affordable to the client as well.

PROS

User friendly product and easily customizable: the interface is very flexible and allows you to truly customize the accessibility of every single file to each user on an individual basis. The support team is extremely helpful as well. The support team is available 24/7 and are very responsive and quick in tackling any issues. The value for money of this software compared to competitors put iDeals at a clear advantage point.

CONS

I honestly could not find anything to dislike about the software. It is truly a great product 360 degrees.

Reason for choosing iDeals Virtual Data Room

The value for money is unbelievable. iDeals offers you a complete and thorough solutions for a relatively cheaper price compared to competitors

Reasons for switching to iDeals Virtual Data Room

Merrill DatasiteOne was 2 to 4 times more expensive than iDeals for the exact same services in terms of user-face and customization, 24/7 customer support and professionalism.

Raul

Oil & Energy, 51-200 employees

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed July 2019

Great Software

iDeals is a great product. Provides the level of security needed to ensure your documents are protected. Ease of use was fantastic and customer service is excellent.

PROS

Security, User interface, and permissions flexibility.

CONS

Installation needed for downloading of encrypted files. Should be easier.

Reason for choosing iDeals Virtual Data Room

Pricing, Functionality, Security, Server Location Options, Friendly User Interface.

Piotr

Investment Banking, 51-200 employees

Used daily for less than 6 months

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed December 2020

Virtual data room for due diligence purposes

PROS

Easy to use, works quickly and without any bugs.

CONS

There should be more advanced features related to management of Q&A session as well as settings related to files availability, option which can be printed / downloaded / viewed (now it can be only done per document)

Reason for choosing iDeals Virtual Data Room

The same feature for better price by iDeals

Reasons for switching to iDeals Virtual Data Room

Cost effectiveness while similar key features that were important to us.

Chinmay

Management Consulting, 51-200 employees

Used daily for less than 2 years

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed October 2020

Prompt Customer Support

By far the best virtual data room service that I have come across with all industry par features at affordable pricing

PROS

Easy to use, platform independent and suitable for amateur to professional users

CONS

Nothing really that could be called unsatisfactory about this platform

Reason for choosing iDeals Virtual Data Room

Ease of use, parity of features among others, affordability, customer service

Rajendra

Biotechnology, 201-500 employees

Used weekly for less than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

5

Reviewed April 2020

User friendly platform

This platform is very much user friendly to share data with internal & external clients. Providing restriction access to user allow us to secure confidentiality of data. Users can operate the software without any additional training. My external clients are happy to access iDeals data room.

PROS

User friendly and restriction for access

CONS

No capche code while login may gives false impression.

Reason for choosing iDeals Virtual Data Room

Compare with other available data rooms, iDeals is much better in all ways. Easy access, anyone can understand the platform, not required training to operate and low cost.

Harsh

Financial Services, 201-500 employees

Used daily for less than 12 months

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

5

Reviewed December 2020

Amazing

Amazing, the software as well as the team (both Support & Sales) at Ideals was way to helpful.

PROS

1. Data Security 2. Ease of use 3. Customer Support 4. Good User Interface

CONS

User reports should be more concised and crisp

Reason for choosing iDeals Virtual Data Room

1. Data Security 2. Cost Effective 3. Excellent support team

Naasik

Investment Banking, 5,001-10,000 employees

Used daily for less than 12 months

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

3

FUNCTIONALITY

5

Reviewed April 2020

Best bang for the buck VDR!

iDeals is definitely one of my go-to products now! Great overall product, very intuitive and unbeatable pricing!

PROS

Having used 10+ other VDR providers, I can say iDeals has my favorite UI / UX and ease of use. The price point is unbeatable by a mile so for budget conscious clients. For a typical middle market / lower-middle market M&A deal, the feature sets are more than adequate. I like the easy drag and drop functionality and I must say iDeals is the only vendor who allows drag and drop from email client function. Easy permissioning and user invites.

CONS

I have not faced this issue myself but I am told by other colleagues they have had some security concerns about the platform. The customer support is also not as robust but frankly I did not need to use them as the product is very intuitive!

Reason for choosing iDeals Virtual Data Room

Bang for the buck!

Vinod Kumar

Pharmaceuticals, 1,001-5,000 employees

Used more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed November 2019

Simple and effective

We used iDeals virtual data room to host few documents for review by our consultants. The reviews were done without the need for a travel or meeting, yet the documents were shared in a secure and simple way than sending them through an emails.

PROS

The ease of use is unparalleled. It take less than 20 minutes to set up the virtual data-room and roll-out go-live. Security features are as expected. Users can be restricted from printing, downloading or viewing documents. Downloaded files are encrypted and watermarked. Q&A can be monitored through the tool. Allows visual customization such as adding your own logo.

CONS

Nothing specific. Allowing for pop-up message at the time of login to remind about confidentiality would've been nice.

Reason for choosing iDeals Virtual Data Room

Ease of use and time taken for go-live.

Nick

Information Services, 2-10 employees

Used daily for less than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed March 2020

Good integration, security features

Product works well, has rich feature set. Although API documentation is weak, customer support was prompt and helpful in every case, including working with 3rd party apps like Okta for SSO.

PROS

The API is robust, the security features including fence view.

CONS

The API documentation is barely there. Had to work with customer service on pretty much every question.

Reason for choosing iDeals Virtual Data Room

Price, ability to trial, API feature set.

Rudolf

Financial Services, 1,001-5,000 employees

Used daily for less than 12 months

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed May 2020

Simple and Easy

Very good experience, happy to use it again. Good value of money as well.

PROS

The software is very easy to use, providing the user seamless ability to work with the data, especially as an administrator. The layout is intuitive, almost feels like it is too basic, yet we did not find anything missing.

CONS

You could work a bit more on push notification, especially with restrictions on space availability. Moreover, it is not clear whether documents in Recycle bin count in as used data?

Vendor Response

Dear Rudolf, Many thanks for your feedback! There is a notification available that informs your about reaching the certain Gb amount in your VDR. For your next project just reach out and we will help you to set it up. With regards to Recycle bin, if you would like to keep these documents as a part of VDR (and you would like to have a possibility to restore) they will be counted in. However, if you decide that you won't need them more, you can just empty the bin and they will be removed also from your overall Gb limit. Kind regards, Alexandra O'Brien Customer Success Manager

Replied May 2020

Steven

Construction, 51-200 employees

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

5

EASE OF USE

5

FUNCTIONALITY

5

Reviewed November 2020

iDeals just works

PROS

Easy to set up folder structure and upload all document types - simplicity is key and iDeals have met this criteria. The ability to send requests and Q&A through the structure is of great importance and again a criteria well met by iDeals followed through by the software sending emails to the recipients. Moving from document to document and the ability to download important ones is great.

CONS

None that come to mind which is strange as normally there's always something.

Eva

Financial Services, 2-10 employees

Used daily for less than 12 months

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed September 2020

Easy to use platform

PROS

Fast deployment, clear pricing, accessible support, easy to use and intuitive platform

CONS

Pricing (on the higher end vs competitors) given not much flexibitlity on sizing of deals

Reasons for switching to iDeals Virtual Data Room

functionality and the 3 months free trial

Mohamed

Legal Services, 51-200 employees

Used monthly for more than 2 years

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

3

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed August 2020

Enhancement

I usually use the VDR to share some files with my clients.

PROS

i think the way to calculate the data specially for deleted data may need some enhancement. also it should have an alert if we got +90% usage from our quotes.

CONS

great support easy to use stability and speed of the site.

Vendor Response

Dear Mohamed, Thank you so much for your review, we really appreciate your feedback! You can set up the alert in the room settings by accessing the "My notifications" section. There is a possibility to choose the specific data quote that should trigger the notification for you. Please reach out to our team in case you will have other questions. Kind regards, Alexandra O'Brien Customer Success Manager

Replied September 2020

Rok

Electrical/Electronic Manufacturing, 201-500 employees

Used daily for less than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed November 2019

Great VDR tool

We are using iDeals VDR for bank reporting as well as for data request lists for potential investors. The tool is easy to use and easy to monitor the progress of uploaded documents as well as the access to the documents.

PROS

The projects in iDeals VDR are easy to set-up as well as uploading the documents is no-brainier.

CONS

Setting up the users and collaboration is a bit tricky if adding new folders -> make sure to review document permissions settings when adding new folders

Reason for choosing iDeals Virtual Data Room

We found the iDeals VDR as the best at price to performance ratio

Ignacio

Real Estate, 11-50 employees

Used weekly for less than 12 months

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed April 2020

Good price to quality relation data room provider

PROS

Is an easy to use product, with all the necessary functionalities for a data room provider, good customer service and fantastic price to quality relation versus their main competitors

CONS

It usually gives errors while trying to upload big size documents or a big batch of documents in one go, and you have to retry multiple times until all documents are finally uploaded, taking quite a longer time than its competitors to upload all the required documentation to start a data room

Reason for choosing iDeals Virtual Data Room

Better pricing

Patricia

Law Practice, 2-10 employees

Used daily for less than 12 months

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed December 2020

Best on the Market

This is a very comprehensive product - all our our clients/users love it also.

PROS

iDeals truly developed this platform comprehensively - from set up, reports, ease of use, support, billing. Staff are always open to recommendations and available to assist.

CONS

We were offered special pricing to extend our contract term. Our project ran over by 5 months, unexpectedly. It would have been nice to be able go back and have the special pricing honored.

Reason for choosing iDeals Virtual Data Room

iDeals is a robust, all inclusive product. Our clients and in-office staff are very pleased with iDeals and recommend this to everyone!

Faris

Financial Services, 2-10 employees

Used daily for less than 12 months

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed December 2020

Great product for a transaction data room

Great product and easy to use

PROS

Very easy to use and adjust permissions.

CONS

Nothing at all. Everything about it is great

Reasons for switching to iDeals Virtual Data Room

Price

Trang

Legal Services, 51-200 employees

Used daily for less than 6 months

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed December 2020

Comfortable experience with iDeals VDR

It was the first time I used iDeals VDR as an administrator and I really enjoyed it every time I discovered an available function of your software with an aim to assisting my administration work. Very easy to use and a smart software for every user.

PROS

I really like how the software can be deployed and accessed from anywhere in the world, especially with our team members based in various countries of the SEA. The manual handbook is easy to catch up and available anytime the user encounters trouble with manipulation. VDR has some automatic functions such as indexing of newly uploading files in order so that I do not bother with it or rearranging the files in order. It also allows many types of viewing the files.

CONS

Sometimes, the processing of viewing the files ran very slowly which made us wait for quite a long time.

Reason for choosing iDeals Virtual Data Room

I choose your VDR because it is voted and reviewed by many users as a top product.

José

Banking, 11-50 employees

Used daily for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

3

VALUE FOR MONEY

4

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed September 2021

Gets the job done, not overly expensive and intuitive to use

PROS

1. In the desktop version, I liked that you could just drag files into the platform interface to upload them. 2. I also liked that a specific code and index was assigned to each file, thus facilitating the search of documents.

CONS

1. When I drag various files from mi computer into the VDR, I could like to preserve the order in which these files are sorter. However, the files are uploaded in a totally random order. 2. It would be nice to be able to open a document or file directly in the VDR, without needing to download it into my desktop and then open the file. 3. There could be a separation line to distinguish between the code/index assigned to each file and the file name. If one of my uploaded documents is named with numbers (such as a date for example), it can get confusing when it is also preceded by the numeric code/index of the file.

William

Computer & Network Security, 51-200 employees

Used weekly for less than 12 months

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed July 2019

Review for internal corporate M&A activities

We are using the iDeals VDR for sell-side M&A activity, intellectual property/patent application usage, and for some partnering activity and some business dispute/litigation.

PROS

Software is quite easy to set up and configure. Very streamlined user interface and the ability to set up multiple layers of security by user, by user group. Reporting capability is simple to use and provides pertinent information. Ability to do bulk export. Activating/deactivating and changing permissions is easy to administer. I liked the pricing model and renewal terms. Customer support (via email) was lightening fast.

CONS

There has been very little concern with iDeals VDR. In addition to our internal usage, our bankers, lawyers, due-diligence consultants and sales partners are all regular users - and we have not had a single issue or hiccup with the platform.

Gayle

Hospital & Health Care, 11-50 employees

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

3

CUSTOMER SUPPORT

3

FUNCTIONALITY

4

Reviewed November 2019

Review of Ideals

PROS

Very user friendly. Setting up folders and subfolders and uploading documents is very easy.

CONS

Quite often fies cannot be opened once uploaded.

Showing 1 - 25 of 251 Reviews