About iDeals Virtual Data Room


iDeals Virtual Data Room is an on-premise and cloud-based virtual data rooms solution. It caters to investment banks, legal firms, life sciences, 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 options. It is compatible with Windows, iOS and Android mobile phones. Support is offered via email and over the phone. Other help options include live trainings, an online help center and live chat. It is available in English, German, Spanish, French, Dutch, Italian, Polish, Russian, Turkish, Portuguese, Chinese and Japanese.



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Supported Operating System(s):

Mac OS, Web browser (OS agnostic), Windows 10

46 Reviews of iDeals Virtual Data Room

Average User Ratings

Overall

4.96 / 5 stars

Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

Ratings Snapshot

5 stars

(44)

4 stars

(2)

3 stars

(0)

2 stars

(0)

1 stars

(0)

Likelihood to Recommend

Not likely

Very likely

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Showing 1-20 of 46 reviews

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December 2017

Sana from Law

Company Size: 201-500 employees

Review Source: Capterra


Ease-of-use

5 of 5

Value for money

5 of 5

Customer support

5 of 5

Functionality

5 of 5

December 2017

Great tool to manage due diligence processes faster and more efficiently.

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.

August 2017

Christine from Bouygues

Company Size: 10,000+ employees

Review Source: Capterra


Ease-of-use

5 of 5

Value for money

5 of 5

Customer support

5 of 5

Functionality

5 of 5

August 2017

Recomend to your business

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.

August 2017

Rita from Allianz SE

Company Size: 10,000+ employees

Review Source: Capterra


Ease-of-use

5 of 5

Value for money

5 of 5

Customer support

5 of 5

Functionality

5 of 5

August 2017

Simple yet powerful platform

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.

November 2017

Robert from Brainlab

Company Size: 1,001-5,000 employees

Review Source: Capterra


Ease-of-use

3 of 5

Value for money

5 of 5

Customer support

5 of 5

Functionality

5 of 5

November 2017

Good overall, but reports were not convenient enough

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.

May 2017

Anonymous

Verified Reviewer

Review Source: GetApp


Ease-of-use

5 of 5

Value for money

5 of 5

Customer support

5 of 5

Functionality

5 of 5

May 2017

Easy to use

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

September 2017

Antonio from CaixaBank

Company Size: 10,000+ employees

Review Source: Capterra


Ease-of-use

5 of 5

Value for money

5 of 5

Customer support

5 of 5

Functionality

5 of 5

September 2017

The easiest software to use

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.

March 2018

Anonymous

Verified Reviewer

Review Source: Capterra


Ease-of-use

5 of 5

Value for money

5 of 5

Customer support

5 of 5

Functionality

5 of 5

March 2018

We were running a small deal, and at one point my colleague overtook the data room management. He is

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).

October 2017

Raul from URBI

Company Size: 1,001-5,000 employees

Review Source: Capterra


Ease-of-use

5 of 5

Value for money

5 of 5

Customer support

5 of 5

Functionality

5 of 5

October 2017

A deal well managed

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.

March 2017

Jean-Francois from Monica Healthcare Ltd

Review Source: Capterra


Ease-of-use

5 of 5

Value for money

5 of 5

Customer support

5 of 5

Functionality

5 of 5

March 2017

Extremely Positive

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.

March 2017

Sabeeh from ECi Software Solutions

Review Source: Capterra


Ease-of-use

4 of 5

Value for money

5 of 5

Customer support

5 of 5

Functionality

4 of 5

March 2017

My experience has been fairly smooth

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.

November 2017

Creigh from Big Blue Bubble

Review Source: Capterra


Ease-of-use

3 of 5

Value for money

4 of 5

Customer support

5 of 5

Functionality

3 of 5

November 2017

Some of the invitations were not delivered

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.

August 2017

Krzysztof from PKO Bank Polski

Company Size: 1,001-5,000 employees

Review Source: Capterra


Ease-of-use

5 of 5

Value for money

5 of 5

Customer support

5 of 5

Functionality

5 of 5

August 2017

High quality product for banking sector

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.

September 2014

Szabolcs from OPAL Zrt.

Review Source: Capterra


Ease-of-use

5 of 5

Customer support

5 of 5

September 2014

Exceptional VDR provider.

I would like to thank iDeals Solution Group for its exceptional services. iDeals Virtual Data Room services have provided Opal Zrt's business with a high quality and first-rate support. The VDR product is very user friendly and provided comprehensive support to our M&A transaction. One of the best product on the market, cost effective and a outstanding quality. iDeals' VDR platform integrates a very good product with superior services - good support, fast response time, a helpful and qualified team, and good value for the money.

August 2017

Pablo from ACCIONA

Company Size: 5,001-10,000 employees

Review Source: Capterra


Ease-of-use

5 of 5

Value for money

5 of 5

Customer support

5 of 5

Functionality

5 of 5

August 2017

Tried iDeals several times and going to use it again

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.

November 2016

JUSTIN from Lippert Components

Review Source: Capterra


Ease-of-use

5 of 5

Value for money

5 of 5

Customer support

5 of 5

Functionality

5 of 5

November 2016

iDeals is awesome!

The platform was very comfortable and easy to use. I liked the feature of inviting people via the interface with security concerns taken care of as you can set the desired level of authorization. The best thing is that you can put users in groups - this was vital for us as there were several series of groups and each one of them was given different permissions from just view access and up to upload. It was easy to figure out these settings in the friendly interface.

November 2015

Sven-Erik from Petrogrand AB

Review Source: Capterra


Ease-of-use

5 of 5

Customer support

5 of 5

November 2015

Excellent Product

iDeals virtual data room allows us to quickly and easily provide document viewing across multiple projects, while maintaining document security. We have used other data room providers but iDeals outperforms them thanks to intuitive design we required no training at all and speedy access to the documentation. In addition we have been very pleased with the quality of service from the iDeals support staff. The virtual data room from iDeals helped us greatly expedite our deal processes.

November 2016

ELAD from Netafim

Review Source: Capterra


Ease-of-use

5 of 5

Value for money

5 of 5

Customer support

5 of 5

Functionality

5 of 5

November 2016

Amazing data room!

The platform was very comfortable and easy to use. I liked the feature of inviting people via the interface with security concerns taken care of as you can set the desired level of authorization. The best thing is that you can put users in groups - this was vital for us as there were several series of groups and each one of them was given different permissions from just view access and up to upload. It was easy to figure out these settings in the friendly interface.

October 2015

Bill from Product Quest Mfg. LLC

Review Source: Capterra


Ease-of-use

5 of 5

Customer support

5 of 5

October 2015

VDR of choice

iDeals Virtual Data Room has an intuitive design and extremely robust features. My entire transaction team was up and running in a matter of minutes without any training. I have used the big IT companies VDR offerings and iDeals is superior in a number of ways. From document rights management, reporting, file format compatibility and ease of use, iDeals is the better choice. A great product at a reasonable price. I give it my highest recommendation.

January 2016

Mark from Harvest Capital

Review Source: Capterra


Ease-of-use

5 of 5

Customer support

5 of 5

January 2016

Outstanding Customer Service

Speaking as an administrator who had used other services iDeals interface is very user friendly and their file management system has saved me a lot of time. I also have to give a special mention to their technical support team, they were always readily available to answer my questions. This personalized aspect is very important for business users like myself who are time pressed and in need of timely solutions.

February 2016

Ekaterina from iDeals™ Solutions Group

Company Size: 51-200 employees

Review Source: GetApp


Ease-of-use

5 of 5

Value for money

5 of 5

Customer support

5 of 5

February 2016