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).

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.

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.

Pros

User friendly and quick. In situations of system slowdowns after noticing to the IT support - immediate response and improvement. Great control of the VDR.

Cons

It might have been the issue of my firewalls, but sometimes it was impossible to source data using company plugin

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.

Used for dd for 2 years

Overall very good.

Pros

The customer support is excellent. The interface is quite easy to use.

Cons

Necessity to log into an additional panel for uploading files. Too expensive.

Good for due diligence and other M&A related data sharing services

Good for due diligence and other M&A related data sharing services

Pros

Worked fast and had a good price to quality ratio

Cons

It was not easy to invite other users to the VDR. The interface was not always convenient and intuitive

good solutions with potential

Pros

The software is pretty straight forward with a lot of useful functions and add-ons. The customer support was excellent

Cons

We have faced some software mismatch issues (chrome, internet explorer or other browser compatibility). I was using it a while ago and I'm sure they have fixed this issue.

M&A

I worked on it in several transactions and the tool make it very easy to coordinate the data and exchange them

Pros

It has many features that are easy to implement in field of data protection

Cons

layout looks a bit old and not always is intuitive but once you get used to it it can be easy to manage

Fordata VDR review

I work on FORDATA datarooms when I do due diligence for my clients.

Pros

Easy to use, good price, transparent interface

Cons

The fact that you need to run it under explorer - whenever I want to use Chrome it does not work.

From a lawyer involved in a due diligence

Pros

Updates about new documents was definitely helpful in a due diligence project.

Cons

Can't remember, however i didn't really enjoyed commercial news in my email box.

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.

Pros

Ease of use; has all of the features expected from similar products; can set-up delegates easily; ability to customize updates and notifications; reliability

Cons

Still small feature gap to biggest VDR providers.

Reliable but sometimes annoying

I share documents for legal DD and open shared documents for legal DD.

Pros

It's relatively easy to use. Sometimes it opens the documents quite fast.

Cons

I don't like the uploader. It is outdated. The website tends to crash.

FORDATA Review

Fordata is a good interface for sell-side processes, allowing to easily and quickly create a VDR.

Pros

The interface is quite easy to use, specially managing folders

Cons

Managing users and setting privileges was not really flexible

Good value for money

Well above average

Pros

Easy to set up and launch, very time efficient

Cons

Some functionalities require time to get used to

Attractive value for money ratio

M&A projects

Pros

Attractive value for money ratio compared to competing solutions

Cons

Much less user friendly than competing solutions