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Firmex Virtual Data Room vs Datasite Diligence Virtual Data Room Comparison

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Overview

Category Leaders

Secure virtual data rooms for investment banks, law firms, private equity groups, and corporations to share documents online...

Category Leaders

Datasite Diligence is a cloud-based virtual data room solution for investment bankers, corporate developers, law firms, &...

  • Platforms supported
  • Web-based
  • iPhone app
  • Android app
  • Windows Phone app
  • Typical customers
  • Freelancers
  • Small businesses
  • Mid size businesses
  • Large enterprises
  • Customer support
  • Phone
  • Online
  • Knowledge base
  • Video tutorials
  • Platforms supported
  • Web-based
  • iPhone app
  • Android app
  • Windows Phone app
  • Typical customers
  • Freelancers
  • Small businesses
  • Mid size businesses
  • Large enterprises
  • Customer support
  • Phone
  • Online
  • Knowledge base
  • Video tutorials

Video & Screenshots

No videos yet

Pricing

Starting from

ic-pricetag

No pricing info

  • Free trial available
  • Credit cardless trial
  • Free account
  • Subscription based

Starting from

ic-pricetag

No pricing info

  • Free trial available
  • Credit cardless trial
  • Free account
  • Subscription based

User reviews

4.8

291

5

4

3

2

1

234

53

3

0

1

  • Value for money
  • Ease of use
  • Features
  • Customer support
100%
would recommend this app

4.7

80

5

4

3

2

1

58

20

2

0

0

  • Value for money
  • Ease of use
  • Features
  • Customer support
100%
would recommend this app

Pros

I like that it is user friendly and cost effective relative to alternatives. Also excellent customer service.
Firmex is the perfect solution at a great price point for our virtual data room needs.
It is an essential service used for mid market m&a. Overall experience has been great, with exceptional customer service and ease of use.

Pros

Secure service, easy to use and customisable, great customer service to onboard and then take down projects.
Good, would generally recommend as a good site for M&A deal due diligence.
Generally easy to use, good access, good support functionality.

Cons

UX seems boring and outdated. Cannot set viewing restriction for single file.
Few cons, but select users have had trouble receiving Firmex automated emails due to spam filters.
Had to replicate file uploads each time; no tag to put same file into different folders automatically.

Cons

Some of the features can be a bit restrictive, and permissioning can be confusing.
A major critical feature that is missing is unique identifier (ID number) for documentation. The reference for documents change if you change the order, which is a massive cons.
It is on the pricier side and with constantly changing functionality, can be difficult to keep up with what's new.
  • Vendor responds to reviews
  • Last review12 days ago
  • Vendor responds to reviews
  • Last reviewa month ago

Key features

  • Total features47
  • API
  • Access Controls/Permissions
  • Activity Tracking
  • Alerts/Notifications
  • Audit Management
  • Audit Trail
  • Authentication
  • Automatic Backup
  • Bulk Uploading
  • Collaboration Tools
  • Commenting/Notes
  • Compliance Management
  • Customizable Branding
  • Data Import/Export
  • Data Security
  • Data Storage Management
  • Document Classification
  • Document Management
  • Document Review
  • Document Storage
  • Drag & Drop
  • File Management
  • File Upload by Email
  • Full Text Search
  • HIPAA Compliant
  • Indexing
  • Mobile Access
  • Monitoring
  • Multi-Factor Authentication
  • Project Management
  • Q&A Management
  • Remote Access/Control
  • Reporting & Statistics
  • Reporting/Analytics
  • Role-Based Permissions
  • SSL Security
  • Search/Filter
  • Secure Data Storage
  • Secure File Viewer
  • Secure Login
  • Single Sign On
  • Tagging
  • Third-Party Integrations
  • Two-Factor Authentication
  • User Management
  • Version Control
  • Watermarking
  • Total features37
  • API
  • Access Controls/Permissions
  • Activity Tracking
  • Alerts/Notifications
  • Audit Management
  • Audit Trail
  • Authentication
  • Automatic Backup
  • Bulk Uploading
  • Collaboration Tools
  • Commenting/Notes
  • Compliance Management
  • Customizable Branding
  • Data Import/Export
  • Data Security
  • Data Storage Management
  • Document Classification
  • Document Management
  • Document Review
  • Document Storage
  • Drag & Drop
  • File Management
  • File Upload by Email
  • Full Text Search
  • HIPAA Compliant
  • Indexing
  • Mobile Access
  • Monitoring
  • Multi-Factor Authentication
  • Project Management
  • Q&A Management
  • Remote Access/Control
  • Reporting & Statistics
  • Reporting/Analytics
  • Role-Based Permissions
  • SSL Security
  • Search/Filter
  • Secure Data Storage
  • Secure File Viewer
  • Secure Login
  • Single Sign On
  • Tagging
  • Third-Party Integrations
  • Two-Factor Authentication
  • User Management
  • Version Control
  • Watermarking

Integrations

  • Total integrationsN/A
  • Asana
  • Box
  • Dropbox Business
  • GitHub
  • Gmail
  • Google Calendar
  • Google Drive
  • Google Workspace
  • Jira
  • Microsoft 365
  • Microsoft Excel
  • Microsoft Outlook
  • Microsoft SharePoint
  • Microsoft Teams
  • Okta
  • OneDrive
  • Salesforce Sales Cloud
  • Slack
  • Trello
  • Zapier
  • Total integrationsN/A
  • Asana
  • Box
  • Dropbox Business
  • GitHub
  • Gmail
  • Google Calendar
  • Google Drive
  • Google Workspace
  • Jira
  • Microsoft 365
  • Microsoft Excel
  • Microsoft Outlook
  • Microsoft SharePoint
  • Microsoft Teams
  • Okta
  • OneDrive
  • Salesforce Sales Cloud
  • Slack
  • Trello
  • Zapier

User reviews that mention these apps

BS
AvatarImg

Brian S.

Legal Services, 201-500 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

Share this review:

Firmex Virtual Data Room logo

Firmex Virtual Data Room

Good interface with accessible documents

Reviewed 2 years ago

During a transaction, I will access the Firmex Virtual Data Room to conduct legal due diligence

Pros

Documents are secure, notifications are prompt, organization is easy to follow

Cons

Features could be improved, like document preview or bulk download

Vendor response

Thanks for the positive feedback on the security and ease of use. In terms of the feature improvement, we do have our Firmex Viewer which allows you to preview a document without downloading. As for bulk download, it would be great to understand what improvements you would like to see. Please reach out, if you are interested in discussing further, as our product team is always interested in customer feedback on core features that can be improved.

TK
AvatarImg

Tom K.

Accounting, 201-500 employees

Used daily for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

Share this review:

Firmex Virtual Data Room logo

Firmex Virtual Data Room

Tom Kenny - user feedback

Reviewed 21 days ago

My overall experience of Firmex Virtual Data Room is very positive.

Pros

I like the level of control in relation to managing permissions to be very important and efficient with Firmex Virtual Data Room.

Cons

I don't have a whole lot of negative feedback. Firmex Virtual Data Room offers each of the services needed to host a safe and efficient Virtual Data Room.

Vendor response

Thanks for the all around positive feedback, really great to hear and we look forward to continually working with you on your VDR needs.

LB
AvatarImg

Lucia B.

Information Technology and Services, 11-50 employees

Used daily for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

Firmex Virtual Data Room logo

Firmex Virtual Data Room

My Experience With Firmex Virtual Data Room

Reviewed 20 days ago
Pros

The software comes with g ereat cloud storage features and makes file sharing eays too.

Cons

No issues yet and Firmex Virtual Data Room has been amazing.

Vendor response

Thanks for the all around positive feedback, really great to hear and we look forward to continually working with you on your VDR needs.

TW
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Tyneesha W.

Management Consulting, 10,001+ employees

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Firmex Virtual Data Room logo

Firmex Virtual Data Room

PwC Feedback

Reviewed 9 months ago
Pros

Ease of use and navigationPermission access to clientsFolder set upLabelling

Cons

What did you like least about Firmex Virtual Data Room? Nothing

Vendor response

Thanks for the positive feedback about your experience within Firmex, it's always great to hear and we look forward to continually working with you.

aw
AvatarImg

arjuna w.

Real Estate, 11-50 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Firmex Virtual Data Room logo

Firmex Virtual Data Room

Great Product, Easy to Use

Reviewed a year ago

We are very happy with the system

Pros

Allows us to manage the virtual dataroom for due diligence is an efficient way.

Cons

Systems is a bit slow especially when browsing the data room

Vendor response

Thanks for the comments on our platform's efficiency, always great to hear. As for the system being a bit slow, we just improved our download speed by 25% and simplified our file management by allowing you to upload up to 50 GB at a time within the browser. I would be happy to connect with you to better understand where and how you experienced this slowness since we've made major improvements over the last few months. Feel free to email me to discuss further.

EE
AvatarImg

Erik E.

Investment Banking, 11-50 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Firmex Virtual Data Room logo

Firmex Virtual Data Room

Firmex - Great Value for top notch features

Reviewed 7 months ago

Firmex is the perfect solution at a great price point for our virtual data room needs.

Pros

Firmex delivers the same functionality as software solutions that are 10x the price.

Cons

Its not as intuitive as some of the other user interfaces i"ve seen - but it gets the job done.

Vendor response

We appreciate the feedback on the platform and your experience with Firmex. In terms of the intuitiveness of the platform, I would be curious to know which providers you are referring and to learn how we can improve as we do have one of the more user friendly platforms wtihin the industry. Feel free to email me at james.lehuquet@firmex.com.

IS
AvatarImg

Imran S.

Legal Services, 501-1,000 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Firmex Virtual Data Room logo

Firmex Virtual Data Room

Amazing datasite

Reviewed 2 years ago

great experience and i highly recommend anyone who wants to use it as a Virtual Data Room.

Pros

the ease of use and how simple the layout and operation is but the control it gives you.

Cons

sometimes it slowed down in certain datarooms but this could have been because there was thousands.

PB
AvatarImg

Pontus B.

Financial Services, 1-10 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

Firmex Virtual Data Room logo

Firmex Virtual Data Room

Great for continuous use

Reviewed 7 months ago

We are using it both as a virtual data room in M&A projects and for securely collecting data from customers - Firmex excels at both.

Pros

Easy of use as many of our invited users have never used a virtual data room before.

Cons

The Q&A module is perhaps not as advanced as other solutions on the market.

Vendor response

Thanks for the feedback on the ease of use of the platform. As four our Q&A module we are always looking at making improvements to this feature. I am curious to know from your perspective what you would like to see improved compared to other providers. Feel free to reach out to me at james.lehuquet@firmex.com

NW
AvatarImg

Noah W.

Investment Banking, 11-50 employees

Used weekly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Firmex Virtual Data Room logo

Firmex Virtual Data Room

Great Functionality, Solid Interface

Reviewed 8 months ago
Pros

The application is easy to use and gain familiarity with. It provides all necessary functionality that a virtual data room should.

Cons

Can lag at times with document upload or navigation.

Vendor response

Thanks for the feedback. In terms of lagging, it is a web based application which can be impacted by internet speed/performance. Our document uploader can handle up to 50 GB at a time which is the most within the industry.

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Zie Mamadou C.

Computer Software, 1-10 employees

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend6/10

Share this review:

Firmex Virtual Data Room logo

Firmex Virtual Data Room

Firmex Virtual Data Room, un espace virtuel de données

Reviewed 6 months ago

Outil très utile pour les audits, la gestion des documents

Pros

Firmex Virtual Data Room, est une salle virtuel de données qui vous permet de gérer et de collaborer en temps réel sur des données

Cons

Coût élevé et requière des compétences en gestion des données

Showing original review in French. See translation

Vendor response

Merci d'avoir partagé vos réflexions ! Nous sommes heureux que vous trouviez la plateforme utile pour vos besoins de partage de documents. Nous travaillons fort pour garantir que nos prix reflètent fidèlement la qualité du produit et le niveau de service que nous fournissons. Si vous souhaitez vous connecter pour vous assurer que le plan que vous avez en place est le plus rentable pour vos besoins, nous vous encourageons à contacter votre représentant Firmex pour en discuter. Si vous avez des recommandations sur la façon dont nous pourrions rendre la plateforme plus conviviale, nous serions ravis de connaître vos idées !

HW
AvatarImg

Harrison W.

Accounting, 1,001-5,000 employees

Used daily for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Firmex Virtual Data Room logo

Firmex Virtual Data Room

Very use-friendly

Reviewed 7 months ago

We use Firmex for all of our virtual data rooms and it has never let us down. A great product with great customer support.

Pros

An easy to use virtual data room that is perfect for M&A projects of any size. Extremely user-friendly with all the features you would expect.

Cons

Folder separation and ways to set up subidiary information within the parent company's data room

Vendor response

Thank you for sharing your positive experience with our virtual data room! An easy-to-use platform with robust features is incredibly valuable for M&A projects. It streamlines the due diligence process and can make a significant difference in deal efficiency. In terms of folder separation, using multiple (top-level) directories can help with folder separation. We'd be more than happy to connect you with your Customer Success Manager to review your current workflow, and perhaps offer some best practice advice.

JH
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Joe H.

Oil & Energy, 11-50 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Firmex Virtual Data Room logo

Firmex Virtual Data Room

Firmex - Great Virtual Data Room Solution

Reviewed a year ago

Reliable uptime and good customer service.

Pros

Search engine; ability to granularly control the user experience and permission model across various data rooms and projects.

Cons

Limited ability to add custom metadata that would allow us to easily correlate documents in our external content management system that we also replicate out to our virtual data room.

AK
AvatarImg

Alexandra K.

Financial Services, 51-200 employees

Used monthly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Firmex Virtual Data Room logo

Firmex Virtual Data Room

Firmex Virtual Data Room Review

Reviewed 9 months ago

My overall experience has been excellent.

Pros

Firmex virtual data room is very intuitive and easy to use. The client service and response time is excellent and they are always willing to walk you through any function.

Cons

There are no features that I feel are missing at this time.

Vendor response

Thanks for the positive feedback on how intuitive and easy to use the platform is. It's always great to hear and we look forward to continually working with you on future data room needs.

af
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auriel f.

Utilities, 11-50 employees

Used weekly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Firmex Virtual Data Room logo

Firmex Virtual Data Room

Virtual Data Room for investors

Reviewed 2 years ago

Excellent as a data room

Pros

We were very impressed with the help we received on establishing our data room. We use this for all document sharing with directors and investors as well as a data room for potential investors. It is easy to use, upload documents, re sort the data etc. as well as set up user groups with defined permissions. I would not hesitate recommend or to use Firmex again

Cons

Nothing, It is good software and i have no negative comments

Vendor response

Hi Auriel, Thanks for the comments and feedback, it's great to hear that you're having a positive experience. We continue to look to make improvements constantly to ensure that users such as yourself continue to have a good experience while using Firmex. James, Director of Sales

CF
AvatarImg

Carrie F.

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support

Share this review:

Firmex Virtual Data Room logo

Firmex Virtual Data Room

Makes Due Diligence Simple

Reviewed 8 years ago

As a legal assistant, I'm able to set up a Virtual Data room in no time. It's easy to download documents and share information all across the country. I would highly recommend Firmex!

Pros

No pros were added to this review

Cons

No cons were added to this review

YC
AvatarImg

Yanik C.

Investment Banking, self-employed

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Firmex Virtual Data Room logo

Firmex Virtual Data Room

Simple, but functional VDR

Reviewed 2 years ago

Conduct Due Diligence

Pros

Lean, simple to use, great value-for-money

Cons

The integration of a Bulk rename functionality and a redaction tool would be helpful.

Vendor response

Thanks for the feedback on our platform being easy to use. We do offer a redaction tool, you can speak with your sales exec or support to enable this feature. I appreciate the feedback in terms of a bulk rename feature, our product team are always looking for new features and would be interested in speaking with you, if you have the time. My email is james.lehuquet@firmex.com. - James Le Huquet, Director of Sales

JL
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Joseph L.

Law Practice, 201-500 employees

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Firmex Virtual Data Room logo

Firmex Virtual Data Room

User Friendly and Useful

Reviewed 12 days ago

We use Firmex as a data room for mergers and acquisitions. It is very helpful in the due diligence process. The security and organizational features are also good, as it allows us to grant or deny access to the various files based upon the user and the stage of the transaction.

Pros

It is easy to upload and organize data and documents.

Cons

The initial set up of a new matter is somewhat cumbersome. However, we don't have any substantial cons.

MS
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Michael S.

Investment Banking, 5,001-10,000 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

Share this review:

Firmex Virtual Data Room logo

Firmex Virtual Data Room

Investment Banking Review

Reviewed 3 years ago

It is my go to data room provider.

Pros

I like that it is user friendly and cost effective relative to alternatives. Also excellent customer service.

Cons

Creating folders once the main folder structure is set can be difficult.

Vendor response

Michael, we appreciate your review and feedback. Within the platform you can create new folders by using the drop down arrow that is located either at the index level or folder level. This will allow you to create a new folder immediately within the desired folder structure area. Here is a link to support this. We also have an excel template that can be customized to your due diligence folder structure. The excel template can be uploaded into the data room directly which will automatically create an entire index folder structure for you. Andrew who is your rep at Firmex would be more then happy to connect and show you how this can be done within Firmex. James - Director of M&A Coverage https://support.firmex.com/hc/en-us/articles/205148527-Upload-folders-documents

IS
AvatarImg

Igor S.

Biotechnology, 1-10 employees

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

Firmex Virtual Data Room logo

Firmex Virtual Data Room

Excellent option for a data room or simply document storage

Reviewed a year ago
Pros

The product is easy to use and allows good access control.

Cons

No specific concerns for Data Room implementation

Vendor response

Thanks for the great feedback on ease of use of our platform, as it is one of our competitive advantages within the industry. We look forward to continually working with you.

DA
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Daichi A.

Food Production, 1,001-5,000 employees

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend5/10

Share this review:

Firmex Virtual Data Room logo

Firmex Virtual Data Room

Use of the Firmex file

Reviewed a year ago
Pros

easy access to the data room & higher security

Cons

customization of the folders may be need to be easily done?

JB
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Jim B.

Environmental Services, 201-500 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

Share this review:

Firmex Virtual Data Room logo

Firmex Virtual Data Room

Corporate M&A Virtual Data Room Review

Reviewed 3 months ago
Pros

Firmex is an all-around great virtual data room for middle-market M&A transactions. It provides M&A professionals and deal participants with an easy-to-use and secure platform to get transactions done, at a low cost.

Cons

Firmex does not have all of the premium features that you may get with higher-priced platforms.

Vendor response

Thanks for the feedback as we aim to be the top VDR provider for the middle-market with an easy to use and secure platform. As for the bells and whistle features that we don't have compared to some legacy high end providers, that is where the price differential comes into play. We don't bill per page as well as price gouge our clients. We offer a top tier platform that does over 20,000 data rooms a year which is the most in the industry.

AV
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Anlia V.

Mining & Metals, 5,001-10,000 employees

Used weekly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

Share this review:

Firmex Virtual Data Room logo

Firmex Virtual Data Room

Seriti Firmex Review

Reviewed a year ago

Very good

Pros

Ease of useLarge data room usageEasily communicate with users

Cons

Slow uploading of large documents and files on the software

Vendor response

Thanks for the comments and feedback. I would be interested to better understand the amount of documents you were uploading as we have the ability to upload up to 50 GB within the browser and have increased our upload speed by 25%. Other competitors lack the ability to upload that amount of data at one time. Feel free to email me with further feedback.

JG
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Jeffrey G.

Banking, 11-50 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Firmex Virtual Data Room logo

Firmex Virtual Data Room

Excellent Virtual Data Room

Reviewed a year ago

Very positive

Pros

Index and ability to move around within the data room

Cons

Nothing come to mind, the product seems very well designed

DC
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Diane C.

Banking, 11-50 employees

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Firmex Virtual Data Room logo

Firmex Virtual Data Room

Great features!

Reviewed 3 years ago
Pros

Setting up the files in the data room is very easy.

Cons

The initial email invitation could be easier to send when setting up a room

Vendor response

Diane, we appreciate you taking the time to review Firmex. I would love to learn more about your comment in regards to email invitations. Are you looking for more customization? We can provide welcome messaging as well as send invitations to groups or individual users as needed, once added or throughout the process. James - Director of M&A Coverage

KA
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Kostas A.

Pharmaceuticals, 1-10 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Firmex Virtual Data Room logo

Firmex Virtual Data Room

Firmex review

Reviewed 2 years ago

Excellent experience, the room can be used for file sharing, central data repository and also to provide access to external parties

Pros

Easy to use and organize. The data room serves its purpose 100%.

Cons

Permission aspects are sometimes difficult to assess/assign. Arrangement of folders sometimes is not that straightforward.

Vendor response

Hi Kostas, We appreciate the positive review on the platform and that it has been a great tool for your transactions. As for reviewing user permissions, we offer multiple different methods to do this whether it be at the group level or the folder level with our view as tool which allows you to see what folders have been hidden from certain groups. All our permission settings can be retroactively changed as well. If there is interest my support team can walk you through a training session on how to review permissions as well as arranging folders which is all done via drag & drop. James, Director of Sales

JS
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Jia Shun T.

Real Estate, 51-200 employees

Used monthly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Datasite Diligence Virtual Data Room logo

Datasite Diligence Virtual Data Room

Efficient Platform for Due Dilligent Processes

Reviewed a year ago

It made our due dilligent process an smooth one.

Pros

Having the platform to upload all the relevant documents while at the same allowing differing access for the various groups involved.

Cons

Overall, the datasite dilligence virtual data room has proven to cater to all our requirements.

Vendor response

Thank you, Jia Shun, for your lovely review! We are very happy to hear we are meeting your needs, especially in an area as important and sensitive as permissions. We look forward to supporting your next deal! Best regards, The Datasite Team

MH
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Maddy H.

Legal Services, 51-200 employees

Used weekly for 6-12 months

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Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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Datasite Diligence Virtual Data Room

Easy to use data room

Reviewed a month ago
Pros

The Datasite Diligence Virtual Data Room is easy to use and allows multiple documents to be uploaded.

Cons

At times the data room can be slow, given the number of documents that need to be refreshed.

Vendor response

Dear Maddy, thank you so much for taking the time to review Datasite. We are really glad you've found Diligence easy to use. I've noted your feedback on site slowness with our Product team - thanks for sharing that too! Again, thanks for sharing your experience and we look forward to a continued partnership. Warm regards, The Datasite Team

JS
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Jonathan S.

Security and Investigations, 10,001+ employees

Used monthly for 2+ years

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Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Datasite Diligence Virtual Data Room

Datasite for VDR

Reviewed a month ago
Pros

Datasite Diligence Virtual Data Room met the needs of the company, acting as a secure environment to share documents.

Cons

The Datasite Diligence Virtual Data Room does require a lot of manual effort to set up folder structures and levels of access.

Vendor response

Hi there, Jonathan! I'm so grateful that you took time from your day to share your review with us. We're really glad we met your team's needs. I'm also glad you mentioned that it's a manual process to setup the data room - you're not alone in that sentiment. In fact, we JUST released an update (Templates) that will help you set up future projects much faster. I'll include a video link below, and be sure to reach out to Datasite Assist (service@datasite.com) for your next deal - they'll help you get all set up! Again, thanks for taking the time to share your thoughts. We look forward to working with you again very soon! Warm regards, The Datasite Team Templates: https://datasite.hubs.vidyard.com/watch/CbVgJhPqWazFJkWDcdyttn?

MD
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Marta D.

Biotechnology, 11-50 employees

Used weekly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Datasite Diligence Virtual Data Room

Good dataroom for due-diligence

Reviewed a year ago
Pros

The data room was easy to use and we could redact the files in the data room after they were already uploaded. Having different access privileges was easy to set up and very handy. The system emails reports to all users notifying them of what has changed/been added to the data room which we found very useful.

Cons

The price per page is quite high so we had to ensure we were only adding the files that were most important.

Vendor response

Dear Marta, On behalf of Datasite, thank you for taking the time to review us. We're happy to hear that redaction, permissions, and alerts have been helpful to your team. We strive to build high-value applications and capabilities, and we want to make sure you're getting the most out of every transaction we help you manage. Let's talk when your next deal comes around - please contact us at info@datasite.com. Best regards, The Datasite Team

AM
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Austin M.

Mining & Metals, 10,001+ employees

Used other for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Datasite Diligence Virtual Data Room

Excellent data room provider

Reviewed 4 years ago
Pros

Datasite is consistently excellent. Their platform is easy to use, intuitive, and customizable. Their customer support is top notch, and the optical character recognition has been incredibly useful for making documents searchable.

Cons

I have used Datasite many times, and it has always been a great experience. However, on the last project I worked on, it would default to the "Index" view of the data room which was not very helpful. I had to manually revert to a different view each time I visited the data room.

Vendor response

Dear Austin, thank you for taking the time to leave us such a kind review. We are thrilled to hear you have had such positive experiences with our applications, and with our service team. Recently, we have redesigned our user interface to make it easier than ever to customize your index experience. If you are interested in checking out our latest innovations, please send an email to info@datasite.com. We hope to work with you again soon! Sincerely, The Datasite Team

JP
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Jarad P.

Financial Services, 501-1,000 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Datasite Diligence Virtual Data Room

Excellent Platform

Reviewed a month ago
Pros

Datasite VDRs offer high ease-of-use and functionality across any number of project exchanges being worked on. Customer service is top notch.

Cons

Not much to say here. When I need a Datasite to coordinate with a client and establish a data room exchange quickly, they always come through!

Vendor response

Dear Jarad, wow, thank you for sharing your detailed review! We are glad you've been able to count on Datasite for being there for you and your clients, and that you've been able to lean on the Datasite Assist team for help when you need it. We are grateful to customers like you, and we look forward to hosting all of your future deals. Thanks, Jarad! Warm regards, The Datasite Team

IC
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Isobelle C.

Legal Services, 1,001-5,000 employees

Used monthly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

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Datasite Diligence Virtual Data Room

M&A transaction data room

Reviewed 4 months ago

Good, would generally recommend as a good site for M&A deal due diligence.

Pros

Generally user friendly, good range of functions and AI redaction tool is very helpful, sandbox folder is helpful when learning how to navigate data room and preparing folders before publication.

Cons

Setting permissions for groups of users was not as easy to vary as some other data room sites used. Expensive in comparison to some other similar platforms.

Vendor response

Hi there, Isobelle! Thank you so much for taking the time to share your experience with us. We are thrilled to hear that Datasite Diligence has provided the tools you need to complete deals, including AI redaction. I've shared your note about permissions with our Product team, and I appreciate your candor. We take your feedback very seriously. With regard to price, it sounds like you've discovered...

JS
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Jalpa S.

Accounting, 11-50 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Datasite Diligence Virtual Data Room

Finance Controller

Reviewed a month ago

Overall great experience and would like to use again.

Pros

The process for any Diligence is easy, secure and trackable.

Cons

Only could be a cost, instead of cost by data if we had fixed fee could be helpful.

Vendor response

Greetings, Jalpa! Thank you so much for taking the time to share your feedback with us. We are thrilled you wish to use Datasite again and that you've found our product easy to use. I encourage you to talk with your sales rep(s) when your next deal arises to make sure we are offering the right pricing model and package for your needs. Again, thank you so much, and we look forward to serving you again very soon. Warm regards, The Datasite Team

ML
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Max L.

Management Consulting, 10,001+ employees

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Datasite Diligence Virtual Data Room

Great product and a clear leader in the market

Reviewed a month ago
Pros

Datasite is straightforward to use, has strong name recognition, and is a go-to product in most diligence.

Cons

There could have been more warning before closing data rooms, but archive features should enable access if needed.

Vendor response

Hello there, Max, and thank you so much for taking the time from your day to share your feedback with us. I'm so thrilled with your kind words about Datasite, and that you consider us a market leader. I'm also glad you mentioned where we can improve in the closure process, and I've shared that note with our Product team. Datasite Archive is our newest option for retaining a copy of the data room after closure; you can read all about it here in case you're interested: https://www.datasite.com/en/products/archive Again, thanks, Max! We look forward to hosting your next deal. Warm regards, The Datasite Team

DS
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David S.

Accounting, 1,001-5,000 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Datasite Diligence Virtual Data Room

Works well!

Reviewed a month ago
Pros

Very easy to use. Many data rooms are similar but Datasite has an attractive layout

Cons

None. I wish access was easier but understand the need for security protocol.

Vendor response

Hello there, David. Thank you so much for sharing your feedback with us! We are so glad to hear that you find Datasite's interface visually appealing! I can definitely understand your comment about permissions being complicated. Our Product team is actively exploring ways we can simplify the setup, and I've shared your notes with them. Again, thank you very much for your review! We look forward to a continued partnership. Warm regards, The Datasite Team

RK
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Rebecca K.

Financial Services, 1,001-5,000 employees

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Datasite Diligence Virtual Data Room

Safe and secure software that is easy to use.

Reviewed a year ago

Overall, very easy to use, great way to send data securely whilst maintaining protection. Ideal for administrators to send information and documentation to external clients.

Pros

This product is easy to use and a great way for sending sensitive information and data online in an encrypted manner. documents are easy to find and the bulk upload option makes things efficient for adding multiple documents in one go. It is also handy receiving email notifications when something has been uploaded to the site.

Cons

When a document has been uploaded, it takes a while to appear on the send data list. It would be nice to see the speed increase for appearing on the site.

Vendor response

Dear Rebecca, thank you for taking the time to leave us your review. We're thrilled to hear that Datasite suits your needs. We also appreciate your note about processing times, and have shared this with our product team. We wish you the best, and hope to serve you again soon! Best regards, The Datasite Team

AJ
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Alexandar J.

Environmental Services, 1,001-5,000 employees

Used monthly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Datasite Diligence Virtual Data Room

Keep it simple in its best way

Reviewed 4 months ago
Pros

The VDR does what it should do without overwhelming the user with useless messages like "encrypting data" like it does with competitors VDRa

Cons

Permissions should be fine on Folder level to adjust and not on file level

Vendor response

Hi there, Alexandar! I cannot tell you how much I appreciate your feedback - there's an art creating a powerful data room with the necessary tools that ISN'T overly difficult to use, and I'm glad you've found this to be the case with Datasite Diligence. I've passed along your note about simplifying permissions to our Product team to review, and I understand where you're coming from. Permissions can certainly get intricate. If you ever need assistance setting or editing permissions, contact the Datasite Assist team (service@datasite.com) and they can give you a hand! Again, thank you so much for your thoughtful feedback. We look forward to hosting your next deals! Warm regards, The Datasite Team

RZ
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Renee Z.

Financial Services, 501-1,000 employees

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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