All FORDATA VDR Reviews
1-25 of 45 Reviews
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Paweł
Verified reviewer
Banking, 10,000+ employees
Used more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed February 2019
Reliable + value for money
Very good quality at a great price. I recall customer support very fondly. I was with an investment bank that had a number fo unique requests and they were all dealt with.
CONSSeveral years back, when I was last using Fordata's software, it still had no convenient mobile option. Also, it ran kind of sluggish on some browsers. It was not a dealbreaker, but I would like to see this fixed (maybe it already has been).
Vendor Response
Thank you for the positive review! Everyday, our developers are developing our system and the problems you wrote about are no longer present.
Replied February 2023
Kamil
Investment Banking, 2-10 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed November 2023
Very good platform for reasonable price
I very much like using Fordata and choose it for every DD project.
PROSSimplicity, great customer support, always open to resolve customer issues
CONSDocument storage metrics for non-DD projects are not sometimes fully adequate
Reason for choosing FORDATA VDR
More competetive price, good support in Poland, easy and quick to set up.
Vendor Response
Thank you for your positive review! :) We're thrilled to hear that you find our platform to be a very good choice, especially appreciating its simplicity and excellent customer support. Your feedback about document storage metrics for non-DD projects is noted, and we'll use it to make necessary improvements.
Replied December 2023
Jarosław
Financial Services, 10,000+ employees
Used monthly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed February 2023
View from user - dd team member
In my opinion, using a VDR can have many positive benefits.Firstly, it is highly secure and provide encryption and authentication features, making them an ideal solution for organizations looking to protect sensitive data. This provides peace of mind to both the company and its stakeholders, knowing that their information is in safe hands.Secondly, VDR can save significant amounts of time and resources compared to traditional methods of data sharing, such as physical document rooms or email. VDRs allow authorized users to access and collaborate on documents from anywhere, at any time, and from any device, increasing efficiency and productivity.Thirdly, VDRs provide transparency and control to the data owner, allowing them to track who has accessed the data, when it was accessed, and what actions were taken. This helps to prevent unauthorized access or misuse of sensitive information, ensuring that the data remains confidential.Overall, in my opinion, using a VDR can have many positive benefits, including enhanced security, efficiency, and control over sensitive data. As such, I believe that VDRs are an essential tool for organizations that need to securely manage and share confidential information.
CONSNothing comes to my mind in terms of cons of the service
Vendor Response
Thank you so much for this geat review! We are glad that the FORDATA system has so many positive benefits and, in your opinion, is an essential tool for the organization.
Replied February 2023
Gertraud
Electrical/Electronic Manufacturing, 2-10 employees
Used daily for less than 6 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed March 2024
excellent price-performance ratio
very easy to use, even with no experience friendly customer service
CONSthe translations in german version could be better
Reason for choosing FORDATA VDR
friendlyness of staff, which in the end made the decision for FORDATA very easy
Vendor Response
Thank you for your feedback! :) We're glad to hear that you found our platform easy to use, even without prior experience. Regarding the German version translations, we appreciate your input and are continually working to improve in that area. We're committed to providing the best possible experience for our users :)
Replied March 2024
Konrad
Real Estate, 51-200 employees
Used daily for less than 2 years
OVERALL RATING:
3
EASE OF USE
3
VALUE FOR MONEY
3
CUSTOMER SUPPORT
5
FUNCTIONALITY
2
Reviewed February 2019
FORDATA REVIEW
VDR is used by my company to manage data flow between various parties during property due-diligence. It is used quite commonly. What I especially like about Fordata is great costumer support. Consultants are always available and eager to help.
PROS* The interface is pretty transparent, although the design could be more modern-looking * The software allows to use all basic functionalities of the VDR * The staff is very helpful
CONS* Interface looks obsolete, * the software works pretty slow, especially in terms of major operations (e.g. deleting files in bulk) * some of the functionalities (e.g. like sending notifications to users) are not very intuitive * Necessity to log into an additional panel (Fordata uploader) in order to manage files.
Vendor Response
Thank you for your opinion. It has been 3 years since the opinion was issued. Our system is still being developed. What you pointed out as cons are no longer cons. We encourage you to use it again.
Replied February 2023
Reinis
Investment Banking, 2-10 employees
Used daily for less than 6 months
OVERALL RATING:
5
EASE OF USE
5
FUNCTIONALITY
5
Reviewed February 2024
Feedback about experience
Easy to set up and use; very proactive support team;
CONSEmail notifications about uploaded files very of too little detail
Vendor Response
Thank you for taking the time to share your positive feedback! :) We're delighted to hear that you found our platform easy to set up and use, and we greatly appreciate your positive remarks about our proactive support team. Your input is invaluable to us as we continuously strive to enhance our services.
Replied February 2024
Anonymous
11-50 employees
Used daily for less than 2 years
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
3
Reviewed May 2019
Decent DD VDR software
I use Fordata VDR to receive data from target companies in due diligence processes. I had an overall good experience with this software and I can recommend it to a business professional in advisory sector.
PROSEasy to use and pretty straightforward Daily updates about new files
CONSFordata VDR plugin does lack behind in terms of browser updates therefore IE or Edge is often the browser you need to use.
Vendor Response
Thank you for your comment and the recommendation! We are glad you find our VDR easy to use and are greatful for your suggestions. Chrome update could cause problems with how our plugin performed, but this issue is already solved.
Replied May 2019
Anonymous
11-50 employees
Used weekly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed February 2019
High quality of product and customer service
As mentioned, user friendly software with very powerful platform enabling a control the process. As well as responsive and kind customer service.
PROSUser friendly and quick. In situations of system slowdowns after noticing to the IT support - immediate response and improvement. Great control of the VDR.
CONSIt might have been the issue of my firewalls, but sometimes it was impossible to source data using company plugin
Vendor Response
Thank you for your feedback. We would like to add that the latest update will allow you to use our Virtual Data Room via your browser without the need to install an additional plug-in.
Replied February 2023
Adrian
Legal Services, 51-200 employees
Used monthly for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed November 2023
User's feedback
I liked the clarity of the folders and naming convention.
CONSI did not like the necessity of downloading relevant document before being able to open it/view it.
Vendor Response
Thank you for your positive feedback! We're glad you appreciated the clarity of the folders and naming convention. Regarding the inconvenience of downloading documents before viewing, we understand your feedback. However, it's worth noting that there's no need to save the documents locally. Next time, please feel free to reach out to our support team for assistance—they'll be more than happy to help :)
Replied December 2023
Jacek
Information Technology and Services, 51-200 employees
Used daily for less than 6 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed March 2023
Easy to use and security of data on the highest level
Very easy to use, good level of data security due to the different level of permissions
CONSSometimes, it was confusing that you have to switch to the downloading window - it would be a much better user experience if downloading files would be possible in the viewing window.
Vendor Response
Thank you for providing positive feedback :) Now you can securely load and view documents in the Fordata VDR system without the need to install any additional components. Everything takes place within the VDR system.
Replied June 2023
Anonymous
11-50 employees
Used more than 2 years
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
3
CUSTOMER SUPPORT
5
FUNCTIONALITY
3
Reviewed February 2020
Reliable but sometimes annoying
I share documents for legal DD and open shared documents for legal DD.
PROSIt's relatively easy to use. Sometimes it opens the documents quite fast.
CONSI don't like the uploader. It is outdated. The website tends to crash.
Reason for choosing FORDATA VDR
It's easy to get.
Vendor Response
Thank you for the positive review and suggestions! We are happy you found our VDR easy to use. Your opinion is of great value to us, we will keep it in mind while developing the software.
Replied February 2020
Łukasz
Verified reviewer
Real Estate, 11-50 employees
Used weekly for more than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed April 2019
Used for dd for 2 years
Overall very good.
PROSThe customer support is excellent. The interface is quite easy to use.
CONSNecessity to log into an additional panel for uploading files. Too expensive.
Vendor Response
Wow, great 5-star review! Thank you for taking your time writing this comment!
Replied April 2019
Mateusz
Legal Services, 51-200 employees
Used monthly for less than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed November 2023
VDR review
I ve worked there few times during due dilligence
PROSEasy acces, nice site, good quality, big storage
CONSEverthing is fine, im really enjoying this app
Vendor Response
Thank you for your positive feedback about our VDR! :) We're delighted to hear that you find it easy to access, appreciate the site's design, and value the good quality and ample storage space.
Replied December 2023
Radoslaw
Accounting, 1,001-5,000 employees
Used monthly for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed November 2023
one of the best VDR on the market
friendly interface ease of searching for information
CONSdifficulty in opening documents via google chrome browser
Vendor Response
Thank you for your positive review! :) We're thrilled to hear that you consider our VDR as one of the best on the market. We appreciate your feedback on the friendly interface. Regarding the difficulty in opening documents via the Google Chrome browser, we'll certainly look into this matter to enhance your overall experience.
Replied December 2023
Malgorzata
Law Enforcement, 51-200 employees
Used monthly for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed November 2023
Opinion of a satisfied user
functionality and transparency and availability
CONSlogging out of FORDATA VDR after some time
Vendor Response
Thank you for sharing your positive feedback as a satisfied user! :) We're delighted to hear that you appreciate the functionality, transparency, and availability of FORDATA VDR. The automatic logout feature after a certain period is crucial for security reasons, ensuring the protection of your sensitive data.
Replied December 2023
Malgorzata
Gambling & Casinos, 1,001-5,000 employees
Used monthly for less than 6 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed November 2023
Fortdata vdr review
The overall experience with FORDATA VDR is very good. I would recomend it to my colleagues.
PROSThat the tool is reliable and secure. I was very impressed with the functions it has.
CONSSome of the functions were not intuitive.
Vendor Response
Thank you for your positive feedback about Fortdata VDR! We're delighted to hear that you find the tool reliable and secure :)
Replied December 2023
Rafal
Law Practice, 11-50 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed February 2023
My review
Very good, very responsive and polite team.
PROSEasy access to folders and possibility to dawnload documents
CONSLoggin in, if I use a few VDRs the saved passwords mix.
Vendor Response
Thank you for taking your time writing this comment! It's nice to hear so many good words. Security is the most important thing for us, so we recommend that you always use different passwords. We will gladly hear any suggestions you might have concerning functionalities.
Replied February 2023
Tomasz
Investment Banking, 10,000+ employees
Used more than 2 years
OVERALL RATING:
4
EASE OF USE
4
FUNCTIONALITY
4
Reviewed September 2020
Fordata VDR
For Data is quite popular VDR used for exchanging documents during due diligence processes. It is one of the best VDR providers I worked with.
PROSFordata VDR is intuitive and easy to navigate. It has all crucial functions - storage of data in an orderly way and Q&A function enabling attachment of files. Exporting index of files and index of Q&A also helps to monitor incoming answers and new files.
CONSOn my last project I noticed that the status of questions was quite misleading - I couldn't find which questions are answered and which not.
Vendor Response
Thank you for the positive review! We are glad you find the FORDATA system easy to navigate and the Q&A module functions helpful. We appreciate your comment on the questions statuses, too. Our developers will look into it.
Replied September 2020
Daniel
Financial Services, 10,000+ employees
Used weekly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed February 2020
Thoughts on FORDATA VDR from the perspective of a tax professional
As a M&A tax professional I use 5+ VDR tools from various providers. Fordata VDR is one of my favorites and - in my view - offers best value for money. I appreciate its speed and reliability.
PROSEase of use; has all of the features expected from similar products; can set-up delegates easily; ability to customize updates and notifications; reliability
CONSStill small feature gap to biggest VDR providers.
Vendor Response
Thank you for such a great review! We are happy to hear you found our solution reliable and helpful. We will gladly hear any suggestions you might have concerning functionalities.
Replied February 2020
Anonymous
11-50 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed February 2019
due diligence
Structure clarity. Settings options. Client services.
CONSI like the least old fashioned interface and design.
Vendor Response
Thank you for this wonderful review. We are glad you liked the design simplicity and our customer support.
Replied February 2021
Marcin
Financial Services, 1 employee
Used more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed February 2021
Reliable provider
VDR in sell-side or dd in buy-side mandates
PROSAccessible and easy to use in multi-national environment
CONSAdding new members to existing teams could be easier and quicker. You may add a short cut to facilitate it.
Vendor Response
Thank you for the positive review! We are glad you find the FORDATA system easy to use.
Replied February 2021
Anonymous
10,000+ employees
Used less than 12 months
OVERALL RATING:
5
EASE OF USE
4
FUNCTIONALITY
5
Reviewed March 2021
Vital for critical data share
Overall experience has been good and while I perform reviews, I have found the user interface interesting.
PROSFacilitates secure and easy means of obtaining and procuring data between the private side and public side. The ability of access reviews to the data room etc is helpful.
CONSThe ability to run reports and MI could be enhanced. I need to learn how to create sib folders within a data room.
Vendor Response
Thank you so much! We hope your project run successfully. Your suggestions have been sent to our Customer Support. If you need assistance regarding document structure, please contact your VDR administrator, who will gladly help you!
Replied April 2021
Anonymous
11-50 employees
Used daily for less than 6 months
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed May 2019
Good for due diligence and other M&A related data sharing services
Good for due diligence and other M&A related data sharing services
PROSWorked fast and had a good price to quality ratio
CONSIt was not easy to invite other users to the VDR. The interface was not always convenient and intuitive
Vendor Response
Thank you! It's great to hear you had a positive experience using our services in M&A and DD! We continuously strive to make our tool as convenient as possible and our support is always ready to guide you online through our interface. Recently, we also introduced the Knowledge Base module to the interface, which will help use different functions of the VDR.
Replied May 2019
Daniel
Legal Services, 11-50 employees
Used daily for less than 6 months
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
4
FUNCTIONALITY
5
Reviewed May 2019
Nice Room to use!
With Fordata VDR you can make due diligence in safety and comfortable way.
PROSSafety, easy to access, nice looking software, stability
CONSLow access to documents which aren't downloaded and printed
Vendor Response
Thank you for your review! We are glad you liked our VDR functions. As far as the access to documents is concerned, it depends on the Project Manager whether downloading and printing functions are allowed. You can always refer to the PM using Q&A module if you think you should have such access.
Replied May 2019
Zuzanna
Telecommunications, 1,001-5,000 employees
Used less than 12 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed May 2019
M&A
I worked on it in several transactions and the tool make it very easy to coordinate the data and exchange them
PROSIt has many features that are easy to implement in field of data protection
CONSlayout looks a bit old and not always is intuitive but once you get used to it it can be easy to manage
Vendor Response
Thank you for your time writing the excellent comment! We make every effort to improve the ease of use of our VDR and keep in mind the overall UX, including the looks of the interface, which was upgraded last year.
Replied May 2019