iDeals Virtual Data Room

iDeals seems to justify its name, which includes the word “ideal”. Even digging deep, we couldn’t find truly bad reviews. Of course, some users were a bit unsatisfied with certain small details here and there, but there was nothing major to be worried about. We rarely can find providers only with positive reviews. 

Read a complete iDeals Virtual Data Room review

This provider offers both cloud and on-premise implementation, which is great. Most companies choose cloud for obvious benefits – you don’t have to install anything, and users can access it from anywhere instantly. However, some business owners feel much safer having such software implemented on-premise. Anyway, it’s for you to decide, and it’s nice that you have a choice here.

And you don’t run out of opportunities to choose a more customized solution. iDeals virtual data room comes in three pricing plans: basic, pro and enterprise. Each of them is created for different needs and company sizes. Therefore, you can choose what fits your requirements and not overpay for features you won’t use.

Also, iDeals offers a 30-day free trial, which gives you plenty of time to test the software and understand if it is the right solution for your needs. And even if at the end of this review you will be ironclad sure that this virtual data room fits you well, we still strongly advise using a trial.

Here is why. Being one of the leaders among data room providers, iDeals solutions, come at a higher price. Which is something we can understand because the software is packed with every feature you can imagine. However, that’s the first drawback we’ve spotted. And to be fair, that’s pretty much the only one.

iDeals data room

When it comes to the features, iDeals data room checks all the boxes on the list. Here you have a bulk upload of documents, automatic numbering, and full-text search. This virtual data room supports all the formats of files and allows users to do with them whatever you want – even to merge them into one PDF file.

iDeals data rooms are packed with security features as well. Users have eight levels of access, watermarks, fence view function, a remote shred of documents, secure spreadsheet viewer and ever virus scanner. All of these tools are enhanced with the most reliable 256-bit encryption that protects your files from theft. Additionally, there is two-factor authentication that will prevent unauthorized access. Access control and expiration will help you to take care of accounts of invited users and IP and time restrictions will allow setting boundaries.

To help you in understanding your chances and intentions of third-parties during the deal, iDeals data rooms offer detailed reports. However, some users had issues with understanding these reports. But with 24/7 access to the support team, it is easy to get help when you face issues. Specialists will explain you everything and guide through cumbersome processes. 

To improve the communication between sides iDeals implemented a standard Q&A section and added live discussions, which is a unique feature. Live discussion is a protected forum where parties can talk about details conveniently in a safe environment.

So, overall iDeals is great and will fit any company.