FirmRoom Virtual Data Room

205 W. Wacker Dr. #617, 60606, Chicago, United States
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4.10
Based on 20 Reviews

5

55.00%

4

15.00%

3

20.00%

2

5.00%

1

5.00%
About FirmRoom Virtual Data Room

At FirmRoom, we believe that everyone deserves a secure, easy-to-use data room platform with no hidden costs. We aim to provide a VDR platform that can assist with establishing transparency, efficiency and robust communication, reducing stakeholder burnout and lost deal value. That is why we made the world’s most intuitive virtual data room that’s easy-to-use without sacrificing security standards. Have your data room up and running within 2 minutes and access it on any computer without the need to download an application. Most data room providers charge per-page, leaving users in the dark on how much the invoice will cost until it is too late. FirmRoom charges a monthly fixed cost, with no hidden fees, and can be canceled anytime. Our dedication to going above and beyond industry standards makes FirmRoom the industry's leading virtual data room. In FirmRoom, all deal confidential documents are safe inside the data room. Easily store, share, and collaborate on important documents with features such as drag & drop uploading, automatic indexing, advanced search, and notification settings. The platform provides users with valuable insight into all data room activity using smart analytics, including a bird’s-eye-view of document collection.. Record and view every action in the data room with our detailed audit log, quickly and easily understand which documents are highly viewed and downloaded by internal and external parties. FirmRoom also gives users the ability to control access to confidential company information. Easily apply watermarks on documents with usernames, IP addresses, time and dates, or build a custom watermark. Our 4-level access feature lets users create custom permissions, ranging from view-only, view with a watermark, download original, and edit. Ensure all personal-identifiable information and critical business documents are protected with FirmRoom. With our built-in smart-redaction feature, users can quickly identify and redact text, images, or areas of the document inside the virtual data room. Best of all FirmRoom supports 25+ different formats, so users can view documents without ever having to leave the platform. Spend less time spent switching between platforms and more time focused with the convenient built-in Excel and document viewer. The viewer downloads, decrypts, sets watermarks, and renders documents in any web browser in original, secure Excel. Try for yourself, and sign up for a free trial today!

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MJ
US

User-friendly VDR at a much more… User-friendly VDR at a much more reasonable rate than other data rooms. We found the self-sign up process very convenient.

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Adam
ES

All data room features for fraction of the money FirmRoom is hands down the best data room that I have ever used. It has got all the features that make for smooth diligence. Document viewer is fast, which makes you want to actually open and work with it everyday. The data room itself is very easy to navigate and pricing is very reasonable, and I truly believe it offers the best value for money in the current data room market. Overall, I highly recommend FirmRoom to anyone looking for secure, user-friendly, and feature-packed data room software.

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Eduardo
CL

Stay away from Firmroom The VDR was initially frustratingly slow, but got continually better over time (the deal lasted over a year). The real problem was the service and support; we had two major problems with Firmroom. (i) We had two deals simultaneously with Firmroom and one time, one client took more than 10 (ten) days to pay the VDR provider. Firmroom adopted a gangster attitude and decided to shut down both VDRs. This is ridiculous because both our deals had nothing to do with each other. Our clients were responsible for payment of their respective VDRs, not us, but Firmroom decided to pressure us -the advisor- by shutting down its service to ALL our clients. This shutdown lasted until the other client paid the invoice. It was extremely unprofessional and almost cost us (and our other client) deal. (ii) To close the deal, our client required pendrives as back-up of the VDR (which is standard). Even though Firmroom was notified with more than a month of time, they were incapable of getting the pendrives to us (3 months after the request they still haven't arrived, they have been 'in route' for almost 2 months, the deal is closed by now). In the end we had to download a special software and encrypt the pendrives ourselves. Pathetic. Going forward, we will NEVER recommend Firmroom to a client.

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Kans
HU

An excellent data room at a fair price FirmRoom truly made our lives easier. Typically used FirmRoom software to run and manage documents. We analyzed the market and this particular product against their key competitors like Ideals, Datasite and Intralinks, and found FirmRoom to offer comparable product features at competitive pricing. The interface is extremely intuitive and we love it. Overall 10/10 with a competitive price and an easy-to-use platform.

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Max
SG

No commenting feature. There should be a commenting feature on documents. Value for money is poor compared to what is available now as alternatives in the market.

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