Review: iDeals Virtual Data Room

Who is iDeals

iDeals is a virtual data room solutions group that has gained a lot of worldwide popularity. Used by the four big accounting firms (PricewaterhouseCoopers, Deloitte Touche Tohmatsu Limited, Ernst & Young, and Klynvelt Peat Marwick Goerdeler), iDeals has already cut quite a few notches into its belt. Recently adding UBS, Morgan Stanley, and Deutsche to its list of customers also doesn’t hurt their reputation either.

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iDeals’ VDRs are useful for any size business, from Small-Medium to Large Enterprises. The industry solutions best suited to their VDRs are:

  • Hedge Funds
  • IPO & Exits
  • Bankruptcy
  • Board Reporting
  • Clinical Studies
  • Debt Financing
  • Distressed Real Estate
  • Due Diligence
  • Fundraising
  • Litigation
  • M&A Buy Side (Merger & Acquisition)
  • M&A Sell Side
  • Post Merger
  • Private Equity
  • Restructuring

 

Features

While iDeals does not contain the amount of benefits of other popular VDRs, the prices are a huge positive for companies who need to stay on a budget and do not have money to burn. In addition, the new iDeals interface comes with Scroll-Through Viewer, a software that is similar to PDF viewers that you may have used, but the speed of scanning documents is increased and is a huge plus.

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Available via online, on-premise, and mobile platforms, you can access your information and manipulate it with your colleagues using Android, iOS, mobile website, Windows phone, Linux computers, Mac computers, and Windows based computers.

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Platform Options

  • Online
  • On-Premise
  • Mobile

Mobile

  • Android
  • iOS
  • Windows Phone
  • Mobile Website

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Operating System

  • Windows
  • Linux
  • Mac

Document Security

  • 128-bit SSL Encryption
  • 256-bit SSL Encryption
  • Dynamic Watermarks
  • Data Backup
  • ISO 27001 Certified
  • On Save/On Open Encryption
  • SSAE 16 Certified
  • SOC 2 Certified
  • Virus Scanning

User Interface

  • Branded Website
  • Drag and Drop Files
  • Bulk Uploads
  • In Document Linking
  • Full Text Search
  • Microsoft Office Integration
  • Q&A Section
  • Windows Explorer Integration
  • Scroll-Through Viewer

Accessibility

  • iPad Application
  • Mobile Device Interface
  • Multi-Language Support
  • No Client Software Required

Access Security

  • Mobile Device Management
  • Permission Groups
  • Multiple Factor/Multiple Channel Verification
  • Two-Factor Authentications
  • User Security Impersonation

Audit/Report

  • Audit Logs
  • Notifications
  • Document Version Control
  • Automatic Audit Reports

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Price

Starting from $99 a month, iDeals has a dedicated Pricing page that is very transparent, easy to read, and useful when shopping for your next VDR. This is a huge plus for iDeals, as most business owners can agree that upfront pricing is one of the most important aspects of deciding upon a virtual data room.

Pricing Link at iDeals: https://www.idealsvdr.com/virtual-data-room-pricing/

The Basic Plan costs $150/month with options for discounts (25% and 50%) for extra GBs of storage. With an unlimited number of users and 1 project per month, this is great for startups and small businesses. Long term discounts include 20% if you are billed quarterly and 33% off if billed annually.

The Professional Plan is pay as you go and features a flexible cloud storage. You are charged by pages or GBs and you have a flexible number of projects you are able to commence each month. Unlimited numbers of users and administrators makes using this plan easy and worry-free.

The Enterprise Plan prices on a fixed budget and employs On-Premise storage or Unlimited Cloud Storage. Flexible number of projects is great for large businesses and the number of users and admins is unlimited via Users Licensing (or Per-User Licensing). You can also receive long term discounts by contacting the sales department.

You can also try iDeals free for 30 days with unlimited, fully functional software, pricing for project requirements, and live 1-on-1 demo with an expert.

 

Conclusion

iDeals has made collaborating and sharing business-critical documents easier and more accessible than ever with their VDR software. Not only is the security impressive, but with options including varied operating platforms supported, mobile accessibility, and platform options, iDeals has received excellent reviews from big-name accounting and financing firms among small, medium, and large business owners around the world, including Shell, Barclays Capital, KPMG, Rothschild, and Starbucks.

iDeals is definitely recommended as a great VDR for your business needs. Try their 30-Day Free Trial at the link below and see if it is right for you:

https://offers.idealsvdr.com/?utm_source=softwareinsider&utm_medium=visit_website_link&utm_campaign=offer2

 

 

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Review: Firmex Virtual Data Room

Review: Citrix ShareFile VDR for Small-Medium Businesses and Large Enterprises

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Review: Firmex Virtual Data Room

What Type of Business Benefits from Firmex’s VDR Software?

Firmex Virtual Data Rooms is perfect for any Small-Medium to Large businesses. The following are the industry solutions that Firmex’s VDR software targets:

  • Bankruptcy
  • Clinical Studies
  • Board Reporting
  • Private Equity
  • Restructuring
  • Post Merger
  • M&A (Merger and Acquisition) Sell Side
  • M&A Buy Side
  • Hedge Funds
  • Litigation
  • Board Reporting
  • Debt Financing
  • Due Diligence
  • Fundraising
  • …and more

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More About Firmex

Firmex is one of the more popular and highest rated VDR solutions due to their high quality, incredible support, and trustworthiness from over 100,000 companies worldwide.

If you’re a law firm, private equity group, corporation, investment bank, or other business or entity that needs more serious VDR power and software, Firmex is a great place to start. From document sharing, sharing large volumes of documents securely and instantly, and having absolute security at your disposal is priceless for any company.

Check out the following link to get started and choose the best plan with Firmex, that is right for you, your business, and your budget. You have options such as a Corporate Single-Use Data Room, which means you can run a one-time deal or project that can be upgraded at any time, or you can choose an Enterprise Multi-Use Subscription, which means you can manage multiple projects and integrate with enterprise solutions.

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Pricing and Choosing Options

Get Started on Your Firmex Plan: https://www.firmex.com/get-started/

You can even try a free trial of Firmex’s VDR software for two weeks: https://www.firmex.com/signup/free-trial-offer/

The growing popularity of Firmex has been noticed as of late due to its transparency and the absolute quality and high tech software that you get for your money. Regardless of whether you want to use Firmex for a single deal for a one-time fee or unlimited access for multiple projects for a fixed annual fee, both options come with their award-winning customer service and unlimited live support, available 24/7.

 

Features

User Interface

  • Branded Website
  • Drag and Drop Files
  • Bulk Uploads
  • In Document Linking
  • Q&A Section
  • Scroll-Through Viewer

Accessibility

  • iPad Application
  • No Client Software Required

Document Security

  • 128-bit SSL Encryption
  • 256-bit SSL Encryption
  • Data Backup
  • Virus Scanning
  • SSAE 16 Certified
  • SOC 2 Certified
  • Dynamic Watermarks
  • Document Expiry
  • ISO 27001 Certified

Access Security

  • Permission Groups
  • Two-Factor Authentications
  • Set User Permissions

Audit/Report

  • Audit Logs
  • Document Version Control
  • Automatic Audit Reports

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Cons

One con that may be a deal breaker is that Firmex’s Platform is Online only. It can be accessed through an iPad Application only if you require mobile, but otherwise it is strictly online. Also, while no client software is required, there are other VDR options that provide a much wider range of Platforms, such as: On-Premises, Mobile, App, Cloud, and Hybrid options. However, depending on the nature of your business, this may be exactly what you are looking for.

Another con is that Firmex is not up front with the costs associated, which can turn into the tens of thousands of dollars for large enterprises and so it requires some work to get pricing based on your needs. That being said, Firmex has a very serious reputation as one of the best VDR software companies around.

 

Is it Worth it?

The security and overall features are very solid in this VDR brand, and this includes the standards of higher priced options. You can revoke access from already downloaded documents; run audit reports; use dynamic watermarks; use search, comment, and tag functions that allow for superior document organization; increase the efficiency of your work; and more.

Overall, we are very impressed with Firmex’s brand, their software, security, and quality offered in the VDR software business.

 

 

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Review: Citrix ShareFile VDR for Small-Medium Businesses and Large Enterprises

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Business Benefits of a Virtual Data Room

Review: Citrix ShareFile VDR for Small-Medium Businesses and Large Enterprises

Whether you are a small business, medium business or a large enterprise, finding the right virtual database room is crucial for your security, sharing capabilities, and a seamless work experience among your employees. Finding one that does not only all of this but at a great deal, is something every business is seeking.

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Citrix ShareFile is extremely affordable, starting at only $29.95 per month, and similar to the VDR software “iDeals,” this VDR software offers three platform options: on-premise, Mobile, and online/in the Cloud. This software is intended for Small-Medium Businesses and Large Enterprises.

The industry solutions provided by Citrix are as follows:

  • Due Diligence
  • Bankruptcy
  • Board Reporting
  • Clinical Studies
  • Debt Financing
  • Distressed Real Estate
  • Post Merger
  • M&A (Merger and Acquisition) Buy Side
  • M&A Sell Side
  • Post Merger
  • Private Equity
  • Fundraising
  • Hedge Funds
  • IPO & Exits
  • Litigation
  • Restructuring

You may be somewhat familiar with Citrix if you have used GoToMeeting or XenApp, so one of the pluses right off the bat is that you know Citrix is big on collaboration.  Secure document sharing, naturally, was a logical market for Citrix. If you have used Citrix products before, you have likely become familiar with the nuances of their plugins. Depending on the version your company uses and the web browser, the plugins may cause a few headaches for those unaccustomed to its use.

 

Ease of Use

Pros

Since the price for Citrix’s services is so low, it is expected that there may be some shortcomings. Surprisingly, users report that ShareFile’s virtual data room is easy to set up and is intuitive in its use. The reasonable price tag is a huge plus as well as the fact that this VDR does not require other software to use or plugins.

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Once a user is in the web based application, ShareFile is a powerful tool and very intuitive to use, even for first-timers. Despite the low price tag, you still get bulk uploads, full-text search, unlimited support, and APO automation. You also have the peace of mind, knowing that your documents are secure in this VDR, within audited data centers, protected by granular user permissions.

It is no surprise to see how Citrix carved themselves into the VDR market so well with their user friendly platforms and software and reasonable prices.

Cons

The only complaint (by only two to three companies) was there was no proper support function. However, that hasn’t stopped so many Fortune 500 companies from using ShareFile. So, if you know what you’re doing and need a VDR on a budget, try out Citrix ShareFile for a secure, efficient service that is easy to use and is easy on the wallet.

 

Breakdown of the Tech Specs and Features:

  • User Interface
    • Branded Website
    • Bulk Uploads
    • Drag and Drop Files
    • Full Text Search
    • In Document Linking
    • Microsoft Office Integration
    • Q&A Section
    • Scroll-Through Viewer
Drag and Drop Feature

Drag and Drop Feature

  • Document Security
    • 128-Bit SSL Encryption
    • 256-Bit SSL Encryption
    • Data Backup
    • Document Expiry
    • Dynamic Watermarks
    • ISO 27001 Certified
    • On Save/On Open Encryption
    • SOC 2 Certified
    • SSAE 16 Certified
    • Virus Scanning
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On-Premise, Cloud/Online, Mobile Platforms Available

  • Accessibility
    • iPad Application
    • Mobile Device Interface
    • On Premise
    • Online / Cloud
    • No Client Software Required
    • Multi-Language Support

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  • Access Security
    • Mobile Device management
    • Permission Groups
    • Set User Permissions
    • Two-Factor Authentications
    • Multiple Factor/Multiple Channel Verification
  • Audit/Report
    • Audit Logs
    • Document Version Control
    • Automatic Audit Reports
    • Notifications

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Platform

This VDR platform includes Online/Cloud, On Premise, and Mobile. Not all VDR allows all three platforms, (many give up on premise platforms), so this is a huge plus for Citrix.

 

Mobile Platforms

Citrix ShareFile is available on a multitude of mobile platforms, including: Android, iOS, Blackberry, Mobile Website, Symbian, and Windows Phone.

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Operating Systems

This software works with Windows, Mac, and Linux operating systems.

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Price

Price-wise, Citrix ShareFile is a huge part of their popularity. Seeing a product that clearly displays their price is a rare thing. Starting at only $29.95 per month, Citrix makes searching for a virtual data room (or business software in general) a much easier task.

Price for Unlimited Rooms and Client Users is $295/month if you pay annually.

Price for Unlimited Rooms and Client Users is $295/month if you pay annually.

For unlimited rooms and client users, ShareFile is very upfront with their starting price of $295/month if paid annually (they give you a deal). This is probably one of the reasons that 99% of Fortune 500 companies use ShareFile by Citrix.

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InvestmentBank.com: New Advanced VDR

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Business Benefits of a Virtual Data Room

InvestmentBank.com’s New Advanced VDR

InvestmentBank.com has finally launched an advanced VDR for Mergers, Acquisitions, and Capital Transactions. This is the company’s solution for institutional investment management and includes what I.B. has needed for years as an M&A software solution provider and deal platform.

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InvestmentBank.com, a deal platform and merger and acquisition software solution provider, has recently announced that they are launching an advanced virtual data room (VDR) solution.

This VDR will be specifically for capital transactions in:

  • Mergers
  • Acquisitions
  • Capital Raising

Like other VDRs, the new system will include:

  • User Control
  • Advanced Analytics
  • Single Click Launch, Cloning
  • Mobile Integration

Hosted on Microsoft Azure, InvestmentBank.com’s solution provides the needed redundancy, reliability, and security of competing data room solutions servicing companies in the Fortune 1000.

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The New, Advanced Virtual Data Room by InvestmentBank.com

Other virtual data room solutions on the market are not created by actual professionals in the business of finances. This means that most VDR’s are missing the needs of investment bankers and financiers — this is where, pardon the pun, InvestmentBank.com capitalized on the empty virtual data room hole for this sector of business.

InvestmentBank.com’s new platform is built by experienced financing professionals and licensed investment bankers. This difference will offer a huge amount of flexibility and incentives across issuers, investors, and intermediaries and will certainly close more deals.

This is a virtual data room that will include a number of additional features to that will assist InvestmentBank’s clients and partners with greater ease and efficiency.

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The strategic launch of the company’s advanced data room solution includes other additional deal management features that tie in seamlessly to the data room’s tracking capabilities.

Additional features include:

  • Advanced Customer Relationship Management (CRM) tool for M&A
  • Marketing Automation Software
  • Deal Project Management Software
  • Deal matching service for bringing issuers and investors together on deals

This new VDR will provide an enhanced control over who sees each and every document as well as when they are seen, and for how long.

Tracking tools will provide secure feedback and analytics, but other tools also exist to set up reminders, triggers, and follow-ups for those included in a VDR invite.

The data room is one part in a whole host of solutions by InvestmentBank, and is promised to provide comprehensive collaboration tools for facilitating more deals more quickly.

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In addition, the newly released virtual data room software will soon be released as a “white-label solution,” which will allow other M&A advisors, investors, investment bankers, and dealmakers to rebrand the application and use it internally to fit their own client deal management needs.

This is a great flexibility, and the ability to private-label the software will provide the users with greater control of branding over their own VDR system.

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More About InvestmentBank.com

InvestmentBank.com provides Merger and Acquisition (M&A) advisory solutions across the middle market, but also has expertise in:

  • Oil & Gas
  • Software & Technology
  • Healthcare
  • Biotech
  • Business Services
  • Real Estate
  • Digital Media

In 2016 InvestmentBank.com created an advanced deal platform to help facilitate more deals among experienced deal makers. Its advanced software solutions are intended to provide a more holistic and streamlined approach to facilitating more buy and sell-side mergers and acquisitions. The company is based in Seattle, Washington.

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SecureDocs Virtual Data Room to Present Webinar on Identifying & Mitigating Cybersecurity Threats for Business

The Growth of the Virtual Data Room Industry

Business Benefits of a Virtual Data Room

 

Business Benefits of a Virtual Data Room

VDRs are changing the way businesses function and operate and can be compared to the monolithic differences between old telegrams and modern emails. The future of business in the Age of Information must be flexible and instantaneous — with Virtual Data Rooms, they can be exactly that.

VDR’s: A Huge Benefit for File Storing 

In today’s technologically savvy world, businesses are realizing more than ever that establishing off-site methods of organizing, storing, and accessing important and sensitive information is the core of a successful business.

Storing your data and files on a computer’s hard drive is not the best or easiest way to secure files and documents. Computers can be busted, hacked, infected with viruses, and a hard drive can be compromised and information lost. Also, hard drives are physical locations that make it difficult for more than one person to physically view or manipulate data.

Business owners know that they need to keep up with the times and secure a way to quickly find access information on the go. An online file storage system that is organized, secure, and easy to access is necessary for all businesses.

Virtual data rooms (VDR’s) are one of the latest and most groundbreaking methods that businesses are turning to. These “rooms” allow users to store information offsite in a secure online environment that can be accessed while on the go. Below is a list of what VDRs can do for you and your business. 

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Preserving Your Documents

Paper files pile up and become impossible to keep together. No employee likes to haul around 2,000 pages of printed off files. Physical paper documents are also at great risk of becoming damaged and lost. 

As a company does business, they begin to collect mountains of paperwork, which only increases with time. Digitally storing those files and documents helps to eliminate storage and ensure each file and document is easy to access and read. Also, digitally storing your files in a virtual data room will prevent files from being lost or accidentally destroyed.

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Holding Accountability with VDR’s

Virtual data rooms allow you to provide investors with the information you need while maintaining privacy. Investors will appreciate you having all information stored in one location and can make your company appear trustworthy. A well-structured virtual data room will allow you to quickly locate and provide any information that your investors, clients or customers may need.

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Providing Access On the Go

VDRs allow you to easily access information while you are on the go. All you need is an internet connection and your login information. Many business owners worry about online security. A virtual data room uses the latest software to keep your information safe from prying eyes. This includes two-part authentication, user names and passwords, firewalls and more. When you are hosting a meeting at a client’s office or another venue, you will be able to quickly and securely gain access to the files you need. This is so much better than paper files that can get lost or stolen. With a virtual, online data room, the information will be displayed on your computer, smartphone, or tablet.

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With the ability for a secure connection between your employees and your business’s information, work productivity increases due to ease of access of information as well as instantaneous manipulation of data during the course of business.

 

 

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SecureDocs Virtual Data Room to Present Webinar on Identifying & Mitigating Cybersecurity Threats for Business

The Growth of the Virtual Data Room Industry

Top 3 Most Important Features to Evaluate when Choosing a Virtual Data Room Provider

SecureDocs VDR: Upcoming Webinar for Identifying & Mitigating Cybersecurity Threats for Business

securedocs-logo

SecureDocs is one of the most well-known, respected, and recognized VDR (virtual data room) providers in the world. In the business of secure document sharing and storage, SecureDocs aims to provide the best in protection, security, and storage to their clients. As of late, SecureDocs, among other VDR suppliers, are focused on what organizations can do to better protect themselves and their customer’s sensitive data from cyber criminals. The most costly crimes in the world are achieved in cyberspace, and sensitive information about customers and clients is just as dangerous (if not more) than getting direct card numbers.

Protecting information in the Information Age is a huge problem that is constantly being updated and upgraded in the best effort to stay one step ahead of cyber criminals.

This is why SecureDocs is letting business leaders know of their upcoming webinar titled, “How to Identify & Mitigate Cybersecurity Threats for Business.” This webinar will be held by SecureDocs on Wednesday, October 26, 2016 at 11:00 am PDT.

The information from this webinar will be especially relevant for business leaders and their employees who are interested in identifying and mitigating potential data breach disasters before they occur. An in-depth analysis of the current cyberattack landscape will be given by the “High Tech Crime Network.” Business leaders will receive detailed instructions on what they an do to prevent both internal data leaks and external attacks.

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During the one hour webinar, High Tech Crime Network’s President will introduce and examine critical topics regarding corporate data security, including:

-The common reasons why network intrusions occur

-The direct and indirect impact of a security incident on a business

-The challenges and misconceptions regarding network defense that lead to a false sense of security amongst organizations

-Likely sources of security breaches and what businesses can do to protect against them

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More About SecureDocs Virtual Data Room

SecureDocs Virtual Data Room is the flagship product of SecureDocs, Inc. The data room is designed for businesses raising funds, going through M&A, licensing Intellectual Property, and those who recognize the importance of safeguarding their most critical business documentation. All SecureDocs, Inc. suite products are easy-to-use solutions that keep businesses organized and ready for opportunity, without breaking the bank. Created by the engineers and team who helped develop GoToMeeting, GoToMyPC, AppFolio, and Rightscale, the team is dedicated to building software solutions that are highly secure, easily adopted, and affordable for any type or size of business.

 

 

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