Last Updated on November 28, 2023
Virtual data rooms allow you to ensure effective communication between employees, managers, and subordinates, assign tasks to those responsible for project implementation, hold virtual meetings of directors, send, edit, and share documents, etc. This is a very useful functionality in the modern world, allowing you to compete for customer attention and win the competition.
A successful manager must compare virtual data rooms and choose the optimal product. The iDeals program is one of the best solutions today. In this review, we want to talk about the corporation’s history and the product’s main features.
The History and The Features of The Company
iDeals VDR started operating in 2008. The company has developed a high-quality product for business. It has been able to go a long way toward successful development, going from a small startup to one of the leaders in the segment. This success was made possible thanks to the high level of security and a wide list of available functions. Unsurprisingly, iDeals VDR has received many awards and was one of the best virtual data room providers in 2022.
Today, iDeals Solutions is a transnational company employing specialists in various parts of the world. The company’s employees are true professionals who provide software support for the system and the implementation of new functions. A responsible approach allowed us to create a high-quality product that has gained wide popularity. An important difference is that this data room software suits small businesses and large corporations. The program’s high performance allows you to quickly and flexibly manage any volume of an organization’s document flow.
The main partners of iDeals Solutions are transnational corporations, representatives of the banking systems of various countries, and legal organizations. Among regular clients, a significant share are budgetary organizations in Western countries. This virtual data room is most popular in the following segments:
- Real estate;
- Mergers and acquisitions;
- Audit of companies;
- Medical and biological sciences;
- Investment banking sector;
- Law firms.
The product created by the company has significant advantages over conventional document management and offers other data room services. The iDeals Solutions virtual data room allows clients to store, transfer, and use documents as securely as possible. There is no need to constantly protect connections with a firewall to ensure the security of document flow; the built-in virtual data room protection system allows for maximum protection of information transmitted over data channels. A high degree of data security within the system allows you to carry out financial transactions with suppliers without fear, transfer valuable reports, and develop prospects between employees without considering their territorial location.
As a rule, financial organizations use iDeals Solutions online data room software to verify documents and transactions during various organizations’ acquisitions, purchases, and sales of debt. The virtual data room has gained wide popularity among legal organizations.
“We have tested many similar products, and iDeals is the best fit for our needs in terms of functionality and security (Michael Woods –General Manager of TMove).”
This circumstance is associated with the advantages of virtual document management. iDeals Solutions plays an important role in the development of the biotechnology business. We offer virtual data room services, licensing, and clinical randomized trials in this area. Small private organizations use the capabilities of a virtual room for easier document flow.
The iDeals virtual data room is a good outsourcing type for many organizations planning to reduce staff and facilitate document flow. The safety and security of the data provided to the system are ensured through ultra-reliable servers with hardware-level encryption of electronic data certified according to SAS 70 Type II standards. In addition to hardware protection methods, the system has a multi-level firewall system to protect data from external attacks and modern anti-virus protection with advanced heuristic analysis of all electronic data. All data transmitted by the system between clients is additionally encrypted, and the security code is transferred separately from the file. This allows you to increase iDeals Solutions’s security further and facilitate the search for investors by increasing your reliability.
Using a virtual data room allows you to maximize the productivity of your organization’s employees. Several employees can work with the same document at the same time, not to mention there is no need to work for many hours in the archive to find the necessary documentation of the organization. Typically, a virtual data room can avoid hiring additional labor, such as in accounting, or reducing existing staff. By increasing the speed of your employees’ work, you will minimize the number of mistakes made.
Main Benefits of iDeals Data Room
In our data room review, we want to highlight the main advantages of the program for business.
- Professional support service is available 24/7.
- The program is available in 14 languages, which allows it to be conveniently used in various regions.
- High level of security and protection of confidential documents.
- iDeals supports up to 25 file formats.
- The program offers convenient functionality and many useful tools.
All that remains is to purchase your business’s iDeals electronic data room and ensure its effectiveness. Moreover, customers get a 30-day free trial to use the program for an entire month. All this will help optimize the business processes of your project and make document flow as efficient as possible.