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Virtual Data Room: Major Considerations in Choosing the Perfect One

Published on 17 August 15
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Virtual Data Room: Major Considerations in Choosing the Perfect One - Image 1

Belonging to the fast-growing sub-sector of cloud storage sphere, all currently available data rooms provide strict bank level security and a number of standard functions, such as secure web sharing and storing, data encryption, the possibility to set different permissions on files and folders, create multiple projects within one room, online backup, and mobile compatibility. But when it comes to advanced features, they may significantly vary from one provider to another. To enjoy the highest level of data room service available, make sure that the chosen provider includes the following:

  • A helpful, intuitive and easy-to-use interface
  • An easy and quick setup
  • Simultaneous access
  • Question and Answer functionality (it is often called Q&A)
  • Bulk uploads
  • Instructional videos
  • Data rights management
  • Various document filtering tools
  • No downloads, plug-ins, applets, and custom viewers needed
  • Multilingual support
  • A free trial and a flexible bonus system.
By the way, do not forget to make sure that the selected service is supported by the most popular browsers, in particular, Google Chrome, all versions of Microsoft Explorer, as well as Firefox, and Safari.

So, these are critical considerations for choosing the best online data repository. Unexpectedly, iDeals data room offers a full scope of the mentioned above services. But there are lots of other functional features to take full advantage of. Interested, aren’t you? Have a look then!

iDeals Virtual Data Room: Diverse Functions and Advantages

  1. Detailed tracking of all operations and activity within the online data storage. In other words, you will be always on top of who is doing what within your VDR.
  2. File sharing control via password protection, IP restriction and expiry date.
  3. Powerful analytics: you can find out what information, when and for how long the particular member of your data repository viewed.
  4. Digital rights management and strict level of docs’ protection, in particular, watermarks and fence view options.
  5. Advanced level of security: two-factor user authentication.
  6. Multiple file formats support and auto conversion of most formats to secure PDF and secure Excel formats.
  7. Amazing Microsoft Office integration: you can even edit online forms in Excel!
  8. Availability of optical character recognition and full-text searches through all the documents.
  9. 5 geographically remote data centers - all ISO 27001, SSAE16 certified.
  10. The possibility to quickly and easily sync data on your desktop, FTP, shared folder, or corporate file storage with your data room.
  11. 24/7 live-person support (which is, by the way, multilingual) and a dedicated support consultant.
  12. Q&A section, which allows unlimited attachments from VDR and local drives.
  13. Personal training upon request.

Apart from the mentioned above, iDeals has a strong reputation for customer service. Plus, it gives you the possibility to customize your project with your company’s branding. Of course, this is a small detail, but, on the other hand, a rather impressive addiction to all smart features.

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  1. 29 February 16
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    I think virtual rooms are very useful for business. I also use Ideals virtual data room for deals implementation. It is very convenient for different transactions. So, I consider it as a very useful service.

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