iDeals Virtual Data Room REVIEW

iDeals Virtual Data Rooms is a document sharing software solution that helps you to securely share and collaborate on business-critical documents. The vendor offers a 30-day free trial with unlimited usage. Plus, you can avail live 1-on-1 demo with an expert. The pricing packages are tailored for your project needs.

It has user-friendly data rooms that require no training for your teams to quickly start a secure file sharing and collaboration. It can be deployed on any device – desktop, browser, and smartphone – with no plugins and easy drag-and-drop upload methodology. The VDR system includes innovative features such as personally-identifiable watermark for documents, “fence view” functionality, Spreadsheet Viewer, and time-limit and IP-address restrictions for data room user access, among others, to guarantee security and privacy of your confidential documents.

Business tools include Q&A tools, graphic reports, keyword search, smart filters, printing and downloading, more than 25 files for secure viewing, and secure Excel viewer.

Security tools include comprehensive reporting, single sign-on, data encryption, fence view feature, secure PDF format, and 2-step verification.

The vendor offers 24/7/365 customer support in nine languages. iDeals VDR is used by numerous companies including top brands such as Toyota, LG, Citi, and UBS.

Focus on Your Business, Not the Software

iDeals keeps things simple. Its data rooms are easy to use and new users don’t need training. It only takes 15 minutes to deploy your data room. You can use any computer, mobile device, or browser – no plug-ins required.

Users can make use of easy uploads via Drag & Drop – they can import their entire index structure in two clicks. No document preparation is necessary – the app supports more than 25 file formats for secure viewing, printing, and downloading. Copy and paste email addresses to invite hundreds of users in a minute. Intuitive document rights management enables you to configure which files can be viewed, printed, or downloaded for each user.

Built by Dealmakers for Dealmakers

iDeals makes M&A easier with robust yet simple-to-use features. The app empowers your team to invest their time into what they do best. Documents are automatically numbered as you upload or move them. Set print, download, and watermark settings beforehand and they will be automatically applied to documents added throughout the deal.

Smart filters, keyword search, and bulk print/download operations help bidders work faster. Graphic reports visually represent bidder activity, accelerating analysis and decisions. You can access in nine languages: English, French, German, Turkish, Chinese, Spanish, Russian, Japanese, and Portuguese (Brazil). iDeals data centers are located in different regions to maximize the speed of cross-border access.

Security and Reliability

iDeals is independently certified for over a hundred controls that cover apps, processes, people, and infrastructure. Data center operations are ISO 27001 certified and audited by EY. All data centers infrastructure is SOC2 compliant and has been fully audited. Development practices are compliant with the Open Web Application Security Project.

Multiple data centers continuously mirror each other to handle even extreme scenarios. The vendor guarantees 99.95% uptime. Data is protected by 256-bit encryption and 2048-bit keys when transferred and at rest.

Reliable Support

iDeals’ customer success team members are available 24/7/365, including weekends and holidays. You will get a response within 15 minutes. There are dedicated project managers who speak nine languages. No call transfers – you will speak to just one person every time you call. No IT background is needed, the vendor supports and trains all users. Plus, the online help center offers best practices, FAQ, and documentation.

iDeals Virtual Data Room offers three SMB and enterprise pricing plans for users to choose from. Give the details a look, and select the best option for your company:

Basic Plan – $150/month (there are discounts for longer terms)

• Self-service tool for small one-time projects
• Basic features. No customization. Email support in English.
• 1 Project
• 20 Users
• 5 Administrators
• 1 GB Storage (1 GB = 1,000 files or 10,000 pages)
• Online Help Center
• ISO 27001 & SOC 2 Compliance
• Data Centers in US, Europe, and Asia

Pro Plan – Pay as you go (fixed fee or billed monthly/quarterly/annually)

• Complete solution for mission-critical projects
• Advanced Data Room Features
• Customizable
• Multiple Projects
• Unlimited Users
• Unlimited Administrators
• Flexible Cloud Storage (Charged by GBs or Pages)
• Live Trainings and Project Management
• 24/7 Email and Phone Support in Nine Languages
• Custom Branding (Corporate Identity)
• Custom Invitations and Login Page
• Custom Terms of Access
• Q&A Process Management

Enterprise Plan – Fixed budget billed annually

• Advanced platform for custom workflows
• Compliance
• Multiple Projects
• Per-User Licensing or Unlimited Users Licensing
• Unlimited Cloud Storage or On-Premise Storage

Everything in Pro Plan, Plus:

• On-Premise Deployment
• White Label and Custom Domain
• Active Directory and Single Sign On
• API Integrations
• Premier Technical Support
• Custom Workflows and Features