FORDATA VDR

RATING:

4.56

(36)

About FORDATA VDR

Fordata is a cloud-based virtual data room (VDR) solution that allows businesses in the financial and banking industries to securely manage confidential documents and communication between transaction parties. Fordata VDR is able to provide access control tools to help financial businesses with information security and control over users and documents. Key features include access control, secure data rooms, document monitoring and protection, two-factor authentication, and data compliance. With Fordata VDR, businesses are able to protect documents by giving businesses the tools to disable document editing, printing, and saving. In Fordata's virtual rooms, businesses know exactly who is in the system and how much time is spent on each document with access control an...

FORDATA VDR Pricing

VDR Lite Plan: €165/month for 15 users Contact FORDATA for VDR Basic and VDR Pro Plan

Starting price: 

199.00 per month

Free trial: 

Available

Free version: 

Not Available

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FORDATA VDR Reviews

Overall Rating

4.56

Ratings Breakdown

Secondary Ratings

Ease-of-use

4.5

Customer Support

5

Value for money

4.5

Functionality

4.5

Most Helpful Reviews for FORDATA VDR

1 - 5 of 37 Reviews

User Profile

Paweł

Verified reviewer

Banking, 10,000+ employees

Used more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed February 2019

Reliable + value for money

PROS

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.

CONS

Several 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

Jarosław

Financial Services, 10,000+ employees

Used monthly for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed February 2023

View from user - dd team member

PROS

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.

CONS

Nothing 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

Paweł

Investment Management, 11-50 employees

Used monthly for less than 6 months

Review Source: Capterra

OVERALL RATING:

3

EASE OF USE

2

FUNCTIONALITY

3

Reviewed January 2023

REview

PROS

Attractive price, relatively easy navigation

CONS

Problems with bulk uploads and downloads

Vendor Response

Thank you for this review! We want to clarify that permissions to "Bulk Upload" and "Bulk Download" are granted by the project administrator. Not everyone can use this functions.

Replied February 2023

Rafal

Law Practice, 11-50 employees

Used daily for more than 2 years

Review Source: Capterra

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.

PROS

Easy access to folders and possibility to dawnload documents

CONS

Loggin 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

Anonymous

11-50 employees

Used daily for less than 2 years

Review Source: Capterra

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.

PROS

Easy to use and pretty straightforward Daily updates about new files

CONS

Fordata 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

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