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EthosData Review

EthosData
Our score: 7.9 User satisfaction: 100%

What is EthosData?

EthosData is an intuitive, fast, and service-oriented virtual data room software that helps dealmakers save time and gain confidence as they manage, organize, and secure all information and documents related to their transactions such as M&A transactions, IPO or initial public offering preparation tasks, and fundraising activities. This award-winning virtual data room software delivers a high level of service wherein deal coordinators are assigned to data room clients so they can concentrate more on executing their transactions rather than thinking on matters associated with the data room.

With EthosData, users can immediately access the documents they need and share information with all the parties involved in their transaction. This is because they no longer have to install and run any third-party programs and plug-ins. It is also built with a Q&A dashboard where interactions can take place, eliminating the need to send emails back and forth which sometimes leads to confusion. When a transaction is completed, the software generates backup copies of the virtual data room content which are stored in DVDs.

EthosData comes with security features which comply with the strictest security standards and regulatory requirements in the industry. It permits users to lock their documents to avoid unauthorized access and usage as well as store their data in secure data centers. The virtual data room software has an intuitive user interface that can be customized to match one’s branding. Navigating throughout the user interface is also made simple, allowing users to drag and drop multiple files and documents and locate them later on easily. EthosData can automatically send email notifications and alerts and data analytics so users can access up-to-date information about their transactions and obtain insights into activities being performed within the data room.

Overview of EthosData Benefits

A Simple Virtual Data Room Solution Which Can Help You Save Time

Simplicity is indeed the most powerful feature offered by EthosData. This means the virtual data room software permits users to quickly access all the information and documents they need and effortlessly perform their tasks. This way, they will be able to save time and focus more on running and completing their transactions instead of dealing with matters related to the virtual data room.

Customizable, Compatible, And Multi-Lingual Interface

EthosData is equipped with an easy-to-use, simple, and familiar user interface which can be branded using the client’s own company logo. The user interface can be accessed from any device and browser and supports multiple languages.

Zero Plug-In

Aside from its customizable, compatible, and simple user interface, EthosData delivers a set of features that helps users save time and confidently handle their transactions. One of them is its zero plug-in feature. With this feature, users will be able to upload and access multiple documents, files, and folders all at once without the need to install plug-ins. In just a matter of seconds, they can organize their documents and have them quickly accessed by all parties involved in their transactions.

Q&A Feature

EthosData has a Q&A feature that eliminates reliance on email when it comes to communicating information related to deals, transactions, and documents. Email exchanges are time-consuming, and they often lead to confusion. This feature enables users to efficiently manage all questions about their deals, transactions, and documents.

Stay In The Loop Through Real-Time Email Notifications

In EthosData, when a new content or document is added to the data room or when changes are made to an existing content or document, email notifications and alerts are automatically sent out. What’s great about this is that the sending of notifications and alerts is done in real time. As a result, users will be able to access up-to-date information and content as soon as they are available. 

Activity Tracking And Deal Intelligence

The virtual data room software provides a deal intelligence feature that assists users in gaining insights into the actions and activities being performed within the data room. The software keeps a record of all data room activities which can be used for monitoring, auditing, and analytics purposes.  For example, if users want to determine what their colleagues are doing with their documents, the deal intelligence feature will help them do that.

Set Up A Separate Page For Terms And Conditions

There is a unique feature available in EthosData by which terms and conditions can be generated in a separate page. All parties involved in a transaction can view such page clearly so they can understand all the things specified in the terms and conditions. Before they are able to access the files and documents, they have to read and accept first the terms and conditions.

Application-Level Security

Security is one of the main components of EthosData. In EthosData, security is implemented on the application level. Thus, it ensures that all virtual data rooms in its system are protected against all forms of threats; and all contents within them are guarded against unauthorized access and usage. It adheres to the strictest security standards and regulatory requirements and adapts to the security policies being followed by the company, organization, or firm.

Protect Your Documents Dynamically

Among the security features included in EthosData is document protection. Interestingly, this security feature is dynamic in such a way that users are given multiple ways to secure their documents. For instance, it allows them to lock their documents. When a document is locked, it can’t be viewed, edited, copied, printed, and shared. Site administrators can also define which persons are allowed to view, copy, edit, print, or forward documents. By default, all data rooms within EthosData are encrypted so users are ensured they can collaborate on documents safely and with confidence. Dynamic watermarking can be applied to documents as well.

Secure Data Centers And Servers

Clients and users may ask where and how EthosData stores and hosts their sensitive data and information. Ethos Data utilizes multiple data centers which are physically protected. Thus, only those ones with the right biometric credentials can access the data centers. Also, surveillance cameras and fire controls are placed within each data center. Furthermore, EthosData is built with secure servers which are protected using firewall, virus scanning, and intrusion detection mechanisms, technologies, and programs.

Password Protection

EthosData also delivers password protection capabilities. Here, users won’t be able to access files and documents unless they input the right passwords assigned to such files and documents. When they enter the right password and access the file, whatever actions and activities they do in relation to the file are automatically recorded for easy monitoring.

A Dedicated Support Team Which Delivers A Full Service

As previously mentioned, EthosData is a service-oriented virtual data room solution. This is because it has a dedicated support team which is always available anytime to assist users in all aspects of operating EthosData and other important concerns such as document preparation, site update implementation, permission configuration and modification, and index change consultation.

Intelligent Customer Support Portal

EthosData has an intelligent customer support portal which can instantly detect the specific area of the solution or data room where a user is currently in. Once it identifies that area, it provides useful suggestions, tips, help articles, and video guides that are directly associated with that area, helping the user smoothly navigate, understand the features of the solution, and explore the capabilities of the data room.

Optimize Data Room Experience Through The Aid Of A Deal Coordinator

In addition, if users want to seek assistance for matters related to the data room, there is a person available who they can reach out to. This person functions as a deal coordinator. Each EthosData client is assigned a deal coordinator who is in charge of guiding users throughout the lifecycle of each data room and supervising all aspects of their data room experience.

Overview of EthosData Features

  • Simplicity
  • Familiar Interface
  • Compatible
  • Multilanguage
  • Easy to Upload and Access Documents
  • Q&A Feature
  • Real-Time Notifications
  • Deal Intelligence
  • Activity Tracking
  • Your own T&Cs
  • Auto Index
  • Certified Security
  • Dynamic Document Protection
  • Encrypted Virtual Data Rooms
  • Password Protection
  • Data Centers and Servers
  • Service
  • Dedicated Deal Coordinators
  • Full Service
  • Project “Archive Mode”
  • DVDs for Hard Back-Up Copies
  • Intelligent Customer Support Portal

EthosData Position In Our Categories

Keeping in mind companies have unique business-related wants, it is only wise that they avoid selecting an all-in-one, ”best” software system. Still, it would be hard to try to stumble on such application even among popular software systems.
The efficient step to do should be to tabulate the numerous critical functions that require research such as major features, plans, skill levels of staff, business size, etc. Thereafter, you must conduct your research fully. Browse over these EthosData evaluations and check out the other software solutions in your shortlist in detail. Such all-encompassing research ensures you keep away from ill-fitting apps and choose the one that offers all the tools your business requires to be successful.

Position of EthosData in our main categories:

TOP 50

EthosData is one of the top 50 Virtual Data Room Software products

If you are considering EthosData it may also be beneficial to examine other subcategories of Virtual Data Room Software listed in our database of SaaS software reviews.

Each organization has different wants and requires an application that can be customized for their size, type of employees and customers, and the specific industry they are in. For these reasons, no platform can offer perfect functionality off-the-shelf. When you look for a software system, first be sure what you want it for. Read some EthosData Virtual Data Room Software reviews and ask yourself do you desire basic functionality or do you want complex functionality? Are there any industry-specific tools that you are searching for? Get the answers to these queries to help your search. There are lots of elements that you need to consider and these include your finances, specific business requirements, your company size, integration needs etc. Take your time, use a few free trials, and finally select the app that provides all that you need to improve your company efficiency and productivity.

How Much Does EthosData Cost?

EthosData Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

EthosData’s SMB and enterprise pricing plan information is available only upon request. Please contact the vendor, and get your quote.

User Satisfaction

Positive Social Media Mentions 1
Negative Social Media Mentions 0

We realize that when you make a decision to buy Virtual Data Room Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and EthosData reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with EthosData. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

Video

Technical details

Devices Supported

  • Windows
  • Linux
  • Android
  • iPhone/iPad
  • Mac
  • Web-based

Deployment

  • Cloud Hosted

Language Support

  • English
  • Chinese
  • Japanese
  • Spanish
  • Portugese

Pricing Model

  • Quote-based

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

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What are EthosData pricing details?

EthosData Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

EthosData’s SMB and enterprise pricing plan information is available only upon request. Please contact the vendor, and get your quote.

What integrations are available for EthosData?

EthosData integrates with Azure Active Directory and Microsoft Office applications.

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Reviewed By Louie Andre
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