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

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.

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.

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

Mayra

Information Technology and Services, 11-50 employees

Used weekly 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 September 2020

The best virtual data room in the market

It is so easy to move, rename, download and upload files within the data room. Also, the customer service is fast when you need their help and they are pretty knowledge of the platform.

PROS

The platform is user-oriented and the ability that reads all documents so the search feature is extremely useful, faster and efficient.

CONS

Our file names require a large amount of characters so when our file names are too large, iDeals does not read them.

Reason for choosing iDeals Virtual Data Room

mainly because most users dont want to deal with a complex system but a system that is easy to navigate.

Reasons for switching to iDeals Virtual Data Room

It was too expensive and the platform was not too user friendly

Emanuele

Construction, 51-200 employees

Used weekly 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

Great Product and Services

PROS

When we select a software application, we are not buy only the service, but we are creating a relationship, a partnership with sales, support and other supplier departments. In this case all the players were great: the application was intuitive and easy to be used, but we were satisfied especcially for the higher level of services as sales, support and post sales.

CONS

It's very difficult find a lack in every side of Ideals.

Reason for choosing iDeals Virtual Data Room

The approach of Ideals in pre sales [SENSITIVE CONTENT HIDDEN] was very positive and fast on the delivery of the proposal. The cost was competitive and all the companies that have worked before us were a primary companies in the business world.

Lee

Biotechnology, 11-50 employees

Used daily for less than 6 months

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed September 2020

Exceeds Expectations

Great account manager with fast turn around times - platform is very easy to use and can be self taught... no need for boring and lengthy training videos etc.

PROS

Ease of use, flexibility, fast implementation and above all great and knowledgeable

CONS

No cons - everything has went smoothly from day one

Reason for choosing iDeals Virtual Data Room

Best deal and quick at what we needed - no quibbles

Peter

Real Estate, 2-10 employees

Used weekly 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 February 2020

Professionalization made easy

Secure data exchange with individual access control for Real estate sale.

PROS

User-friendly and intuitive platform. Individually adjustable security levels

CONS

Highly professional presentation and functions.

Reason for choosing iDeals Virtual Data Room

Excellent support with permanent contacts from the beginning.

Reasons for switching to iDeals Virtual Data Room

Need of subfolders and maximum access control.

Jesse

Biotechnology, 2-10 employees

Used weekly for more than 2 years

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

3

CUSTOMER SUPPORT

2

FUNCTIONALITY

5

Reviewed July 2019

Data room function is easy - some glitches

iDeals gets the job done - they are much less inexpensive than other VDR providers. Relatively easy to use but can be slow, customer services isn't so easy. Really need to enable iOS remote administration of the site.

PROS

Easy to set up, easy integration into file manager. I really like the "updated version" function which allows a new version of a document to easily replace a dated version

CONS

Since the very first day - no matter where in the world I am - the automatic time zone finder function is wrong. Every single instance I open the site I am forced to re-set my timezone. Customer service was zero. no idea how to fix this simple problem. Service - conducting a live chat is next to impossible (or at least it was) I don't want to get on the phone. REMOTE ADMINISTRATION! SO many times i've been out to dinner or on a train with no laptop and would be great to manage files and run administrative tasks from mobile. right now can only be a 'viewer" from mobile. Slow. Download speeds can be glacial.

Reason for choosing iDeals Virtual Data Room

A more professional image - iDeals is purely a VDR geared toward transactions vs. other virtual file systems which don't have same control features.

Martin

Real Estate, 2-10 employees

Used daily for less than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed November 2019

Overall, great product

Very, very, positive! Although, you are a bit strict on your data limitations.

PROS

I like all the posibilities, all the security, the customizations, and the tracking that you allow.

CONS

Loading time when you open a document. Supported document files are a bit limited. Sometimes the invitation emails end up in peoples spam filters.

Reason for choosing iDeals Virtual Data Room

Pricing, features, reputation.

Twinkle

Financial Services, 10,000+ employees

Used weekly for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

FUNCTIONALITY

5

Reviewed September 2020

Ideals Solution - Review

PROS

I have using data room more than 2 years and so far I have not faced difficulty. Also I would really like to appreciate the co-ordinator from Ideals Solution- [SENSITIVE CONTENT HIDDEN], he has been really proactive and helpful and has always given as the best comparitive quotation. Also there were times when I had given him very short timeline to arrange for data room access and he has never disappointed us on that. On software I would like to say that it is user friendly you dont really need a training before using the software

CONS

One drawback I would want to say that many a times user is not notified if any document is upload on the data room

Vendor Response

Dear Twinkle, Thanks a lot for your feedback! The notifications for documents uploading can be configured in "My notifications" menu in the VDR settings. Please contact our support team in case you will need any assistance with this. Kind regards, Alexandra O'Brien Customer Success Manager iDeals Solutions Group

Replied September 2020

Roman

Banking, 201-500 employees

Used daily for less than 2 years

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

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed May 2022

VDR which can be deployed really fast and is easy to use

Perfect tool for VDR setup.

PROS

I especially liked that I was really easy to use, everything works very intuitively, so basically no previous experience is needed to start a project. It comes with all features that are needed and a supreme customer service.

CONS

I had some problems with numbering of the folders I tried to do the bulk upload of the VDR folder structure. I managed to resolve issues and was even offered help from provider to do it instead of me. Really great customer service.

Reason for choosing iDeals Virtual Data Room

Previous experience with Ideals VDR:

Nuno

Banking, 5,001-10,000 employees

Used weekly 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

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed May 2020

Good value for money

Good tool at a good price

PROS

Easy to use Good value for money Support

CONS

Less flexible to copy big chunks of data

Reason for choosing iDeals Virtual Data Room

Cost

Reasons for switching to iDeals Virtual Data Room

Overall cost

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

Priya

Fund-Raising, 10,000+ employees

Used weekly 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

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed October 2020

Ideals Data Room- Review

I have been using iDeals for more than a year as an admin for various projects. The overall experience has been good. Ideals is easy to use with a lot of features and best pricing.

PROS

1. Ideals is a very user friendly data room. 2. 24/7 customer service help desk to resolve any issues. 3. The pricing is very attractive and best in comparison to other VDR available in market. 4. Lot of features are available for user permission by giving desired permission to user to access confidential information for different documents. 5. Great security.

CONS

1. Few times there has been issue to add the user. 2. Few documents uploaded were not visible.

Reasons for switching to iDeals Virtual Data Room

Ideals provided the same features in low pricing

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