Ideals Virtual Data Room Reviews & Product Details

I like how Ideals Virtual Data Room allows me to effortlessly create new projects and folders by simply copying existing VDRs from past projects. This feature significantly speeds up the process of setting up a new VDR, which is immensely helpful. Their pricing structure is also a standout aspect, as it doesn't depend on the number of projects you're doing but rather on the data space, which is quite logical. Additionally, I am impressed with their new Q&A feature, which facilitates interactions by letting potential investors or interested parties upload questions. This feature is particularly useful because I can assign questions to specific experts, provide tailored data points to the questioner, and even convert frequently asked questions into FAQs visible to all parties. This functionality not only enhances communication but also reduces repetitive work. Furthermore, I appreciate the capability to download questions as an Excel file, and the potential use of an AI agent to answer investor questions based on previously provided answers, which streamlines project-end tasks. Overall, these features contribute to a seamless and efficient operation that I find very satisfying. Review collected by and hosted on G2.com.

I find the formatting of the FAQ in the new Q&A section to be problematic. Additionally, the permission management can be quite cumbersome. If I don't add names of people at the beginning, it becomes difficult to find and manage them later. It's annoying that on the investor relations platform, people cannot be added to multiple groups, but the current permission design doesn't seem to allow for that easily. Review collected by and hosted on G2.com.

I like that Ideals Virtual Data Room allowed me to centralize my data in one location for easy retrieval and review, almost like one-stop shopping once the data room is complete. I appreciate its functionalities and the ease of use, particularly the design and customization features and the intuitiveness of the product. It's more user-friendly, with the ability to monitor how the prospective buyers are using the data room. The initial setup was pretty easy too. Review collected by and hosted on G2.com.

I ran into storage issues due to the plan I have. Review collected by and hosted on G2.com.

The simple handling is especially preferred by inexperienced M&A participants, as it allows for efficient onboarding. Furthermore, the performance is very good. Review collected by and hosted on G2.com.

So far, no negative experiences made. Review collected by and hosted on G2.com.

Easy to access, download and mark our comments, specially easy access to others on slow networks. Review collected by and hosted on G2.com.

No such dislike i could find, interface coudl be more animated may be Review collected by and hosted on G2.com.

I like the way it is organized; it is didactic and practical. Review collected by and hosted on G2.com.

I had to create folder by folder to be able to link the list of documents. I think there should be some way for me to have this list in Excel and have it automatically created in the VDR, keeping the same numbers. Review collected by and hosted on G2.com.

Its intuitive interface and the way it makes complex document sharing much more manageable. The platform is user-friendly, even for people who don’t have a strong technical background, and the setup process is smooth. I also appreciate the strong security features such as granular user permissions, watermarking, and audit trails, which give me peace of mind when handling sensitive data. Customer support is also responsive and helpful, which adds to the overall reliability of the platform. Review collected by and hosted on G2.com.

Additionally, while the platform is generally fast, editing files in-app seems buggy sometimes. Also some users complained that the online view did not work, only downloading files worked for them - this might be a setting or user issue. Review collected by and hosted on G2.com.

What stands out most about iDeals Virtual Data Room is its ease of use and fast implementation, which require minimal onboarding for both administrators and external users. The platform offers highly granular access controls and reliable, accurate tracking of user activity, which is critical for sensitive transactions. Customer support is responsive and knowledgeable, helping resolve issues quickly when they arise. Review collected by and hosted on G2.com.

A minor drawback is that deleted files remain in the recycling bin indefinitely unless manually purged. While this is useful from a redundancy and recovery perspective, it does require active management to conserve storage space. Review collected by and hosted on G2.com.

The system is very user friendly. I have been able to use it and have had no issues with uploading or security. The security is really very easy and setting up groups for security has been very beneficial. I can remove or add access as needed and I can also grant that to "power users" if needed. Review collected by and hosted on G2.com.

It would be nice if you could edit Word/Excel files within the data rooms instead of having to upload/download them. Review collected by and hosted on G2.com.

I find Ideals Virtual Data Room to be a really good product, reflecting in an overall very good experience with it. It's easy to use which is crucial for our operations. I particularly appreciate its pricing and services which were beneficial when we compared it to other vendors. The setup process was seamless as we didn't encounter any difficulties. The product is excellent for handling large volumes of data, especially in environments requiring heavy data management, like financial due diligence. It's quite an advantage to be able to access, copy, and paste large volumes of data easily and manage it within minutes. The ease of accessibility truly stands out and makes pulling documents during financial assessments a smooth experience. This quick and efficient data handling is incredibly helpful and uplifts our productivity. Additionally, I appreciate the seamless integration with other software like SAP, which complements our workflow. Overall, the ease of accessing and managing information, coupled with its powerful capabilities, stands out as reasons I would definitely consider using it again. Review collected by and hosted on G2.com.

no such case Review collected by and hosted on G2.com.

I appreciate Ideals Virtual Data Room for its helpful support team and good visual design. The sleek interface makes the uploading and permissioning process easy. I also find it easy to enable new users and manage their access. Review collected by and hosted on G2.com.

The cost per GB of storage could be lower. The cost is quite high, so we've had to move some files to other storage locations to reduce the overall cost. Review collected by and hosted on G2.com.