What is iDeals Data Room?
This is a convenient and simple solution for storing and accessing lots of corporate data, as well as establishing collaboration in a single environment. Being among pioneers in the sphere of secure data storage and, iDeals VDR (virtual data room) is perfect for storage of mission-critical business documents. Together with the services of a data center, customers are provided with a user-friendly, intuitive platform for accessing and managing their files.
Key features of iDeals VDR
What makes this solution one of the market leaders? True care about customers and provision of valuable security and data management tools – these are iDeals’ strong sides. Therefore, if you need something more than just a virtual data room iDeals is exactly the thing. The company offers a myriad of useful features, including:
- Intuitive and simple interface for both desktop and mobile devices. You don’t have to spend time on installation – your storage environment can be accessed like a cloud.
- Drag-and-drop navigation for importing the entire company infrastructure in a couple of minutes.
- Easy management of asset rights. You can set up the user access and decide who can view, edit, obtain, or print documents.
- Supports over 25 file formats.
- Data encryption for absolute security and privacy.
Customers
100% of the top 25 investment banks and thousands of enterprises, legal firms and life science companies have used iDeals Virtual Data Rooms.
The advantages and disadvantages of iDeals Data Room
According to customers’ reviews, iDeals data room is very convenient in use, but still not devoid of minor drawbacks. Let’s take a closer look at the peculiarities of iDeals virtual data room.
| Advantages | Disadvantages |
| Compatible with most OS and devices. | In-built data room index can be confusing for inexperienced users. |
| Very simple interface and access. | The absence of some essential tools for working with documents (tracking, retention, archiving, indexing). |
| Doesn’t require plug-ins. | No offline access to data. |
| Two-step authentication and data encryption are used for ultimate safety. | File types cannot be converted. |
| Drag-and-drop navigation. Users don’t have to learn for too long to start using the platform freely. | The reports lack some essential information and may be inconvenient (more graphics are needed). |
| User-friendly and supportive customer service. | |
Security of iDeals virtual data rooms
Wonder if you can trust the data room your mission-critical information? Your assets will stay safe and secure thanks to:
- Personalized watermarks on your assets.
- 2-step authentication process to block unauthorized access.
- Time limits and IP address restriction.
- Secure viewers.
- Access settings that can be modified by the right owner only.
- Fence view that prevents attacks.
- Real-time tracking of who and when accesses your documents.
Bottom line
Although it lacks some crucial features, iDeals is optimal for the storage of mission-critical business files. This is also a great data room for M&A transactions. Using its services, you can simplify the complicated due diligence process. Besides, it can be a very cost-efficient platform saving you space, expenses and time on managing paper documents. With a reliable data room, you can easily store, search and access all necessary data, add new documents and protect your important info.
All in all, iDeals would be suitable for handling corporate documents at all stages of company existence: starting from the foundation and finishing by the M&A process. Both large and minor businesses can benefit from this solution.
