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.
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 choosing 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.
|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.|
Please, note: although this secure data room mirrors the servers, no file recovery option is provided in case of total file loss. To ensure 100% safety, store copies of your data somewhere else.
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.
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.
iDeals Virtual Data Rooms features:
|Distressed Real Estate|
|IPO & Exits|
|M&A Buy Side|
|M&A Sell Side|
Files & Folders Management
|File Formats Supported:||All MS Office document formats, as well as pdf, txt, pub, rtf, htm, html, mht, jpg, jpeg, jpe, gif, bmp, png, tif, tiff, wmf, and flv|
|Automatic Numerical Indexing of Files & Folders|
|Drag & Drop Upload of Multiple Files and Folders|
|Archives Upload & Extraction|
|Export of Data Room Index to Excel|
|Document Version Control|
|Multilingual Documents Index|
File Protection & Digital Rights Management
|Granular Document Permissions|
|Prevention of Download, Print and Copy|
|Remote Shredding of Documents|
|Customizable Document Watermarks|
|Secure Fence View|
|Document Access Expiry|
|256-Bit SSL/TLS Encryption|
|Data at Rest Encryption|
|99.9% Uptime Guarantee|
|ISO 27001 Certified|
|SOC 2 Certified|
|SSAE 16 Certified|
|Mobile Device Management|
|Granular User Permissions|
|Access Limitation by IP Address|
Accessibility & Ease Of Use
|Scroll-Through Web-Based Document Viewer|
|Web-Based Excel Spreadsheets Viewer|
|Mobile Device Interface|
|User Interface Languages:||English, Spanish, German, French, Russian, Turkish, Portugese, Chinese and Japanese|
Search, OCR & Filters
|Search by Name|
|Search by Content (Full Text Search)|
|OCR (Optical Character Recognition)|
|Filtering by Parameters|
|Basic Questions & Answers Module|
|Advanced Questions & Answers Module|
|Secure User Messaging|
|New Document Email Notifications|
|Files & Folders Notes|
Activity Tracking & Reporting
|Tracking of All User Activity|
|Real-Time Audit Trail|
|Exporting Reports to Excel|
|Tracking of Document Viewing Time|
|Scheduled Reports (Sending to Email)|
|Branded User Interface|
|Custom Login Page|
|Custom User Invitation Letter|
|Custom Agreements for Accessing Data Room|
|Active Directory Integration|
|Single Sign-On Integration|
|Customer-Managed Encryption Keys|
|Integrations Through APIs|
|Custom Workflows and Features|
Support & Services
|Business Hours Support|
|24/7 Email Support|
|24/7 Phone & Email Support|
|Online Help Center|
|Dedicated Project Manager|
|Data Room Archive on DVD or USB Drive|
|Support Languages:||English, Spanish, German, French, Russian, Turkish, Portugese, Chinese and Japanese|
|Multiple Datacenter Locations|
Trial & Pricing
|Free Trial:||30-Day Trial|
|Price:||Starts from $99 per Month|
|Locations:||United States, Canada, Brasil, Turkey, UAE, Israel, United Kingdom, Germany, Russia, Cyprus, Ukraine, Hong Kong, Japan, India, China, Singapore|
|Clients:||EMAAR, PWC, BARCLAYS CAPITAL, LINKLATERS, BANK OF AMERICA, WELLS FARGO, EY, CITY, SHELL, DELOITTE, ALLEN & OVERY, UBC, KPMG, STARBUCKS, ROTHSCHILD|
- I am very satisfied with the service. The thing we worry about most is safety, and the safety is not an issue with iDeals. Also the customer service is very friendly. I do not think I am experienced enough to make the call on what is good or bad about this product. It just works for me and the company I work for.
- Speaking as an administrator who has used other services, the iDeals interface is very user friendly and their file management system 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.
- I've used iDeals data room for several business deals. It was my first experience with such software, and I'm fully satisfied with it. It is really easy to set up, easy integration into the file manager.
- Totally positive experience about Ideals provider. We are using the Ideals VDR for sell-side M&A activity for 4 years. The customer service is on a high level!
- I have no experience with other providers. We chose iDeals nearly 3 years ago as a tool to share highly confidential data with investors. And it is a great soft with comprehensive controls, detailed reports, and solid security!