Top User Choice
Ideals Virtual Data Room
Intro
Hugely popular with companies seeking to safely store and share confidential corporate data, virtual data rooms are bonafide online repositories of knowledge. Globally, the virtual data room market is projected to hit the $3.63 billion mark by 2026, an important indicator of the worth that companies attach to this software.
Ideals is one of the biggest players in the global virtual data room space, and the focus of this review. We explore the features of this virtual data room software, how it performs at due diligence, mergers and acquisitions, fundraising, organizational restructuring, and private equity. In a nutshell, we’re investigating whether Ideals virtual data room is the right fit for you.
Product Screenshots
Contact Details
Year Founded
2008
Website
www.ideals.com
Product Overview
Since entering the virtual data room space in 2008, Ideals virtual data room has carved a reputation for itself as a premium provider of the service. The Ideals data room is trusted by players from a wide variety of industries including investment banking, real estate, biotech licensing, and a host of others.
A big reason for the popularity of Ideals virtual room software is its interface, which is as comprehensive as it’s intuitively navigable. It takes a maximum of twenty minutes to deploy data rooms on the Ideals platform, and you’re not required to possess strong technical knowledge to operate the software.
Uploading documents to the virtual data room is enhanced by Ideals’ drag and drop feature, and once uploaded, the documents are watermarked and numbered automatically. Documents can also be stored and shared in the virtual data room in over 25 different file formats.
Ideals virtual data room’s watertight security is another interesting attribute. With a plethora of security protocols (such as the Fence View feature), this software ensures that your data is safe from the prying eyes of malevolent outside forces.
Ideals Virtual Data Room Product Details
Average Users' Ratings
Provider's Features Rating
Data was gathered from our users' reviews and data from G2 and Capterra
Ideals Pricing
Ideals virtual data room pricing model is subscription-based. There are three subscription plans that differ depending on the company’s size and needs:
- Pro — for small and mid-sized projects
- Business — for large projects and serial deal makers
- Enterprise — for enterprises with various business objectives
Every subscription plan allows an unlimited number of users but also differs in a number of projects and administrators as well as an available storage capacity and features included.
| Projects | Administrators | Storage | |
|---|---|---|---|
| Pro | 1 | 5 | Up to 10 GB |
| Business | Unlimited | Unlimited | Up to 250 GB |
| Enterprise | Unlimited | Unlimited | Up to 1 TB |
Benefits of the Ideals data room
In addition to excellent security and an affordable virtual data room experience, these are other advantages that Ideals software provides its users:
- Easy uploading and ordering of files
- Multi-level security and advanced data protection
- Customizable look and feel
- Provision of useful reports and insights
- Excellent customer service
- Seamless and secure collaboration with multiple parties
- Mobile user interface
Features of Ideals Virtual Data Rooms
Security
Security is a non-negotiable aspect of the fabric that makes up virtual data rooms, and with a multitude of accomplished security protocols, Ideals has earned the right to be regarded as a premium data room provider for secure document sharing.
Ideals’ ‘Fence View’ feature prevents hackers from gaining access to your data through your device’s camera. Along the same lines, there’s a remote shred feature which can be used to provide or restrict access to your files to various viewers. With this feature, you can tag your documents with mobile watermarks or deny access rights to your documents, even after they’ve been downloaded.
Ideals software also includes a secure spreadsheet viewer for users to use. Secure online spreadsheet analysis, secure downloads, data encryption, watermark settings, and much more are all possible with the spreadsheet viewer.
Easy and comprehensive interface
Some virtual data rooms are so complicated, navigating them becomes challenging and cumbersome. Ideals virtual data room is quite the opposite; it offers intuitive, simple interface, and you wouldn’t need to download Java plugins just to get access to your documents.
First and foremost, you can access and manage virtual data rooms with ease, enjoying a variety of languages the platform supports — including Russian, Spanish, English, Chinese, Japanese, German, Turkish, French, Dutch, Korean, and others.
The software also allows for a single sign-in, eliminating the need for several user names and passwords to access different files and documents. The user interface has been optimized to perfectly match buyer requests list and offer the best possible viewing experience on all possible devices.
Document management
Document management is another area where Ideals excels. Its data room features a simple drag-and-drop interface for quickly uploading your papers into the system. The quantity of documents you can upload into the data room is completely unlimited. The process is quick and painless, with customers having the option of uploading multiple documents at once or in bulk.
And with support for more than 25 different file formats, plus automatic numbering and indexing support, you won’t have to spend more time than absolutely necessary preparing your documents.
Q&A
One of the Ideals software’s most notable features is its Q&A constituent, which enables subscribers to compile a list of the most commonly asked questions and make it available to users at all times. This list can be drafted ahead of time and filled with all of the pertinent facts about your offer.
The status of the questions can be updated manually or automatically, allowing you to keep track of the state of the questions and assisting administrators in making better use of their time. Ideals virtual data room also generates comprehensive Q&A reports that can be saved for future legal purposes.
User management
Ideals virtual data room provides four predefined roles, which you can assign to your users for a more secure control of your data. With Ideals, you can send out single or bulk user invitations, which allows you to welcome users one at a time or in one fell swoop, depending on your preferences.
You may also control who has access to data rooms, Q&A sections, and how often they are notified about new papers for all of your users.
Reports
Real-time reports are essential for the tracking of your campaigns, and Ideals virtual data room software comes up trumps in this area as well.
Ideals virtual data room software gives you access to audit trails that can keep track of all actions in the data room, allowing you to manage internal compliance.
You can also trace each user’s actions, including their search history, using the aforesaid feature. On Ideals, every document viewed, printed, and downloaded may be tracked. Not only that, but you can also see how long a person has been viewing a document.
Users’ reviews
More Reviews
5 Quick steps to start work with Ideals VDR
1.Sign up to the Ideals virtual data room
To start using the Ideals Virtual Data Room tool, you’ll first need to sign up to the service on the product’s webpage. Signing up is easy and your login is protected by two-factor authorization.
2.Sign up to the Ideals virtual data room 2
2 To start using the Ideals Virtual Data Room tool, you’ll first need to sign up to the service on the product’s webpage. Signing up is easy and your login is protected by two-factor authorization.
3.Sign up to the Ideals virtual data room 3
3 To start using the Ideals Virtual Data Room tool, you’ll first need to sign up to the service on the product’s webpage. Signing up is easy and your login is protected by two-factor authorization.
4.Sign up to the Ideals virtual data room 4
4 To start using the Ideals Virtual Data Room tool, you’ll first need to sign up to the service on the product’s webpage. Signing up is easy and your login is protected by two-factor authorization.
Start working with Top Choice Provider
Go to Ideals
Latest news
Leave your review
Great data room!
Notice: Undefined offset: 1 in /var/www/stage.datarooms-review.com/public/wp-content/themes/datarooms-review/inc/template-functions.php on line 97
Eric . Accountant
Not satisfied with the customer service
Notice: Undefined offset: 1 in /var/www/stage.datarooms-review.com/public/wp-content/themes/datarooms-review/inc/template-functions.php on line 97
Martin . Market
My biggest concern was that my team will struggle to understand a new tool. But with iDeals, the onboarding process went very smoothly. We’re using the data room for occasional due diligence, and no one yet, including our partners, had any problems with understanding the interface.
You just know it when you find that perfect data room provider. I’ve tried several, and so far, iDeals is the best one. Being a real estate agent, I desperately need the tool that will allow me to share all the information and media on properties with potential buyers. iDeals makes it easy to do while keeping all the files protected. Now I arrive at the property I need to sell knowing that the buyer is definitely interested in the purchase.
We’ve been using iDeals for a couple of months now to manage the work with interns. As a pharmaceutical company, we have a constant flow of interns who need to get access to certain data. iDeals allows us to share files conveniently and safely. Also, it has all the certificates needed for our industry.
Real Estate businesses should take a really good look at this data room. We’re using iDeals in our agency, and it makes the workflow so much easier. There are no more useless trips for us – when we come to the property with a client, we’re already almost sure they’re buying it because they already saw and liked it in iDeals.
We always have a lot of interns who come and go in our company. So we needed a solution that will let us share required information with interns easily and safely. With granular access permissions and time restrictions iDeals works perfectly for our needs. And since we can see all the activities of interns in the data room, it’s easy for us to detect if something is wrong.
We’re using iDeals for fundraising for our social projects. This data room is simple enough for us to never have any issue with it, and for investors to not ask how to use it. We’re working with it for over two years, and I am completely satisfied with it. The interface is intuitive, there are plenty of features, and the data room is secure – what else to wish for?
As a financial services firm, we work with spreadsheets a lot, as you might imagine. So the Fence View feature in the iDeals data room is a lifesaver for us. A lot of my employees have to go to the client’s place to discuss some matters. And this function allows us to keep the information safe in public places.
My friend who also owns a company uses iDeals, so I decided to give it a try. Now I understand why she likes it – the data room is simple and offers every feature I can think of. Moreover, I have to share some very sensitive corporate information from time to time, and iDeals with all its security features seemed to be the only choice. I’m glad I can see the activity of others, it gives me peace of mind.
We tried other data rooms but stopped on iDeals because of the informative and colorful graphs it offers. It’s very convenient for us to use them during board meetings to evaluate the results.
I use this data room to share information with interns in my company, so the opportunity to set the expiration date for their profiles is great for me. I recommend iDeals!
I’m not quite good at technologies, so I looked for the data room that won’t leave my mind twisted. iDeals is perfect because the interface is easy to use, so neither I nor my workers have any issues.
This provider simply justifies its name. iDeals virtual data room is truly ideal! We get all the features we need packed in the neat and easy to work with interface. And the support team is very responsive – they’ve guided us through our first deal so that we can get all the benefits from the data room.
I was using another provider in my company but eventually decided to switch to the iDeals virtual data room. Why? Merely because it is way better than its rivals. The data room is full of useful and unique functions, yet the interface is not overwhelming.
Looking for a data room, we went through numerous providers. Finally, we chose the iDeals virtual data room because of the round-the-clock support and straightforward interface. And the decision was totally right. This provider fulfills all our needs.
Our partners suggested us to try iDeals virtual data room since they’re using it. And we’re thankful for this advice! This provider gives us everything we need to maintain a streamlined exchange of information within the company and beyond it. And the support team was very helpful, guiding us through our first steps.
Our company is using iDeals VDR for three years already, and during this time we only heard that the support team is available 24/7. Because we never had the need to use it. This provider offers the most simple interface ever managing to pack into it all the numerous features. It is a great data room!
We chose iDeals VDR for our company because of the features it has. This data room offers every function you can think of from basic ones like automatic indexing and full-text search to more unique like fence view. There even is a scroll-through viewer that automatically brings the next file after the current one is viewed. This provider is perfect to the details!
While other providers are great only on the paper, iDeals is perfect in real action. This provider helps our company to close deals successfully for more than two years. And even though iDeals VDR was our first experience with data rooms, we would never want to try another provider. A wide set of features, well-thought interface, and the overall sense that you’re taken care of – that’s what iDeals customers get.
As a law firm, we needed some solution that will not just keep the data safe but allow us to work with customers productively. iDeals virtual data room fits our needs just fine, providing us with security features like remote shred and secure spreadsheet viewer. Also, it makes data management very simple. And the interface is easy to use, so our clients don’t have issues with it.
We are absolutely satisfied with this provider. iDeals VDR has every function we need – watermarks, fence view, integration with Windows Explorer, and many others. We’ve tried several different providers before this one, and iDeals is merely the best one.