Datasite Diligence Virtual Data Room vs. iDeals Virtual Data Rooms

Datasite is well suited for organizing large quantities of a variety of documents into folders. It is not as well suited for Xcel, which generally requires downloading in order to review, but there are quick preview options for Word and PDF items.

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In my opinion, there is no scenario that iDeals Virtual Data Rooms would not be suitable. However, in my experience, needs to be improved to beat its competitors. Although data security are taken seriously with the two steps authentication, logging in could be simplified in trusted computers / devices. Same goes for bulk data downloads, since sometimes they don’t function correctly and downloads don’t start in you don’t press “refresh”.

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• Quick preview of document content is something I love! It lets me decide whether the file is relevant to our purposes or not instantly.
• Navigating through the folders is also very easy, and the website is also responsive without any lag/stutter.
• Although I don't use the feature due to confidentiality reasons, quick translate option is a really great addition to the tool.
• Many datarooms can only show excel documents as PDFs for a quick preview. I like the way Datasite Diligence Virtual Data Room has Excel online handler to view the file. This is so helpful!

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• Data protection
• Two factor authentication
• Reliable system

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• Ability to follow-up to closed Q&A answers without creating new question (i.e. seller marked Q&A as closed when it doesn't address your request)
• Links to Q&A response notification emails do not work from the PC, they only work from the mobile app
• Ability to download PDF files from mobile app

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• Data download
• Simple login in trusted devices
• Q&A

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It is my go to data room provider and I am super comfortable using it. I don't think I would want to use anything else since I can't trust them like I can trust Datasite

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Tough to figure out at first but after using the platform for some time, you can get used to Datasite Diligence Virtual Data Room pretty quickly. Would be great to have more of a tutorial up front to better be able to navigate the software, especially starting off as the data dealt with is sensitive.

Due to the lack of usage in some sections already mentioned

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Great customer service and prompt responses to requests.

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Files download and upload very quickly.

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Customer service has always solved my issues in a relatively short period of time.

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Excellent product and resource.

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I think Intralinks is the closest competitor. Relative to the rest of the providers (outside of Intralinks), Datasite Diligence Virtual Data Room is easier to use and more reliable.

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It’s not up to me to select VDR providers. I don’t see iDeals Virtual Data Rooms in top 3 providers either.

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There is a bulk download, and it appears there is a bulk upload which makes it easier to get multiple files onto the platform when needed.

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• Allows my organization to quickly identify new data that has been uploaded in order to quickly communicate status to clients.
• No limits on number of files or file sizes which make it a great tool for any deal, large or small.

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• Optimization of time
• Less need of travel

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