iDeals Virtual Data Room Software

Our company first selected another provider, but then we had to switch because of a critical feature which was missing there. So I was in a bit of a rush during the data room set up. To my surprise, the uploading didn't take much of my time and energy. I just dropped my structure into the uploading screen, and in some 10-15 minutes all my documents were in the data room and in their respective directories. Importing user list was more complicated, I had to create the groups first. But afterwards, the bulk inviting worked just fine.

Pros

Great support! They don't put you on hold at all, the questions are answered and the staff can even guide you through the process. It was a big help given the urgency of our project.

Cons

Didn't notice any. Maybe some useful features went unnoticed, but we had everything we wanted from the tool.

We were running a small deal, and at one point my colleague overtook the data room management. He isn't a computer person but didn't have to be as iDeals rooms are super easy to use. It took some time to understand and tweak the Q&A settings, but once that was taken care of we didn't have much work to do.

Pros

Positive:
Very user-friendly and straightforward. I didn't need to teach my colleagues how to use it or answer any questions from my users as to how this or that is done.

Cons

I was under the impression that the data room would close automatically upon the end of the primary term, so my accounting team got a few extra invoices before we finally closed the project (can be done in the VDR itself, but we were not aware).

iDeals helped to manage due diligence processes faster and more efficiently.

Pros

iDeals offer the ability to choose the exact permissions you grant to users, there is also separate subpermissions for excel files, which is a very convenient tool for managing work with documents. I also liked various security settings like the ability to establish password and SMS code for user access, protection documents from copying though Fence view, which create a physical barrier. This is very important when people work with have high-level confidential information.

Cons

So far, I have totally positive experience in using this software.

Our project was going well until I reached out to a couple of buyers and found out the invitations to my data room never made it to their inbox. I didn't know about corporate restrictions which could block some emails, and frankly speaking, I expected that VDR providers would take care of it. I had to ask them to turn to their IT guys as there's no option to send direct links, only invite via the interface.

Pros

iDeals support answered my call and quickly sent me the instructions. Overall
impression was good until we faced cons below.

Cons

It's one of the main features that didn't work for some of my users but they prommised to fix it soon.

Pros

The platform is pretty straightforward for the first time user. I had no difficulties with the interface or other features. The thing I had to struggle with was reports section. The statistical reports were of little use as there were mostly numbers without any graphic images. So, I had a hard time tracking who was most interested in buying the company and had to export the main report to analyze it in excel.

Cons

If not for the reports I would give it a 5, but for now, the whole section needs to be revisited as I had to spend more time on it.

Special thank you note goes to the UX team for smooth user experience.

Pros

We picked iDeals to orchestrate our project and were very happy with the results. The project went hassle-free thanks to the thought-through interface. After some point, all we had to do was monitoring the reports and answering the questions from potential bidders.

I for sure would pick iDeals for our future deals.

Pros

iDeals saved us a lot of time since their support guys were able to create the folder structure from an Excel file we provided. This helped us to populate the VDR in a fast and ordered fashion. What I also liked is the comprehensive reports section which allowed me to see the most interested bidders.

Cons

I think reports could be more graphical, but then the number of details for each action makes up for that for the time being.

We make several deals and iDeals shows itself better than other providers we used before. Thank you, iDeals!

Pros

Really easey-to-use and very friendly support. We will come back to iDeals VDR in future deals. First attempt to use a new operator was great and improved.

Cons

Not so much ways to castomize interface and some modules, but we hope that in future versions iDeals will add this functionality in Pro version.

All in all, iDeals was of great help in sharing our confidential information during our M&A deal. We shall definitely come back for the future projects.

Pros

iDeals platform served us very well. What we enjoyed the most was a simple drag and drop of the entire document structure prepared in advance on our PC into the data room. We didn't have to do the double work of replicating the folders and then placing all the numerous files into their right place.

Cons

A couple of our users did not receive invitation letters due to some mail filtering systems, but their support guys resolved the matter in no time.

Extremely useful product in daily banking activity

Pros

iDeals provide the best quality of virtual data room services in Europe and some great features that I haven't been able to find in any other similar products yet.

Cons

iDeals is slightly more expensive than I would expect but, I guess, this is that kind of situation where you have to be ready to pay a little bit more in order to get high quality product.

This was my first experience of using virtual data room and I'll definitely be happy to recommend iDeals for any France-based businesses.

Pros

The user interface is really good: the fact that it's available in French is also one of the reasons why we have decided to go with iDeals. The customer support is really helpful and assisté me with some little issues that I had had.

Cons

The pre-established data room index was a bit confusing sometimes and did not always fit quite well so I had to ask for assistance. And that is another thing that can be improved possibility to make changes to data room index without relying on customer support.

Used it for licensing deals. iDeals was helpful all the way from the start.

Pros

- Good investment for money, considering the amount you spend on it;
- Some reporting features are very useful;
- Quick upload;

Data room for huge data with limit acces of every involved person.

Pros

- Very fast on mobile
- No skills requied, very simple for understanding
- User-friendly interface, good design
- Average market price
- Great scrupulous level of customization
- Bulk uploading

Cons

There is still features issue, but you can handle it with support or update your subscription plan.

Pros

- It generates various types of reports based on users, usage, views
- Ability to restrict viewership and access at various control levels
- Easy data uploads, downloads
- Categorization of data
- Value for money
- Good security controls

Cons

- not much to dislike
- more expensive than other cloud applications such as box
- ease in report generation and saving of these reports

It was pleasure to work with iDeals platform and team. Every question was answered within minutes in a very professional manner.

My experience with IDeals has been extremely positive. The user interface of virtual data room is very intuitive. I particularly like the drag & drop option, that allows to add files and folders and also easy user management.

I have been extremely pleased with the customer service as well. The initial training was very good and every time I contacted the help line, I did get the support I needed, both by phone and email. Replies to my emails have been done within less than one hour anytime.

I definitively recommend iDeals Virtual Data Room and will use it in the future.

We are basically using the data room to do M&A deals from the buyer's perspective, we are reaching out specific customers and consultants within the iDeals VDR.

The platform is pretty easy and intuitive, there were a couple of features that I think would be extremely beneficial and are lacking right now, related to marking files and folders and applying high permissions without including some of the lower permissions.

Other than that, my experience has been fairly smooth, the system is easy to manage and offers a number of great features.

iDeals Virtual Data Room is very intuitive and easy-to-use. The system's register of logging and activities are great to keep control of what is happening.

IDeals Virtual Data Room was extremely useful for us for a number of transactions completed in 2016. iDeals customer support team is very user friendly: a few questions we had, were answered promptly. We will certainly use your platform again in 2017.

The ideals product

What I liked

1) Fast uploads
2) Good search features
3) Ease of use
4) Pricing was very competitive
5) Excellent live support
6) Very reliable platform

What I didn't like

1) Nothing

Thanks