iDeals Virtual Data Room

RATING:

4.8

(257)

About iDeals Virtual Data Room

iDeals offers on-premise and cloud-based virtual data rooms solutions. It caters to investment banks, legal firms, life sciences, energy, real estate and other large corporations. Primary features include document management, document security, user management, tracking and reporting. Other features include a spreadsheet viewer, text search, collaboration, data hosting and two-factor authentication. iDeals allows users to create a personalized virtual data room where they upload data in folder structure, invite users and set permissions for them and collaborate with users via the Q&A feature of the software. It is available in a fixed and subscription model. It is compatible with Windows, iOS and Android mobile phones. Support is offered 24/7/365 via email and over th...

iDeals Virtual Data Room Pricing

Day Free Trial Version. For further information, visit the iDeals website or contact the nearest office in your region.

Free trial: 

Available

Free version: 

Not Available

Users
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iDeals Virtual Data Room Reviews

Overall Rating

4.8

Ratings Breakdown

Secondary Ratings

Ease-of-use

4.5

Customer Support

4.5

Value for money

4.5

Functionality

4.5

Most Helpful Reviews for iDeals Virtual Data Room

1 - 5 of 256 Reviews

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

Mark

Renewables & Environment, 51-200 employees

Used weekly 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

iDeals Virtual Data Room Review

We use iDeals as a central repository of key company data. This helps us to have one source of truth for information that could be communicated outside the company. We also use our data room to communicate with external parties. iDeals makes the experience easy for all parties. Initial setup took minutes, training and support resources have been readily available, system performance is reliable, and user feedback has been positive.

PROS

There are many things that my company loves about iDeals. First, the user interface is intuitive. We are often sharing access with external parties, and we rarely need to answer questions about how to use the software. As an administrator, the help resources and customer support have been fantastic. Pricing has been reasonable, and the iDeals team has been able to work quickly when we have needed their help.

CONS

Some of the reporting features are not quite as intuitive as other aspects of the software.

Reason for choosing iDeals Virtual Data Room

We preferred the user interface of iDeals over Merrill DatasiteOne. iDeals also had a more complete set of features at the time we were evaluating software.

Reasons for switching to iDeals Virtual Data Room

We mainly needed software that allowed for multiple administrators, and we were pleased with the user interface of iDeals compared to our previous data room software. iDeals just felt more modern, and since we are communicating with external parties through our data room we wanted their experience to be professional.

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.

Anonymous

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

4

FUNCTIONALITY

4

Reviewed March 2020

User friendly and Ease of Use

Just superb. We have closed M&A deals with help of this. Even we are keeping it to manage office data.

PROS

All the files are uploaded and can be used by the useres very easiliy. It is easy for the user to understand the interface and functions of the date room. We have got very good feedback from the the users - they just used to reguster and start viewing and using the files instantly. Administrators can control the way files can be viewed or downloaded by the users. We can Just drop the files and Indexing will be done in seconds. I cannot summarise the functions in words here - just start using it and will get to know the importance of the data room in manageing the data in all aspects of business.

CONS

Long name files could not be uploaded - it did not even gave warnings or any pop up. It was quite difficult to undrstand the issue but now well versed with it.

Reason for choosing iDeals Virtual Data Room

By comparing the ease of use of functions with other product in trial period.

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.