All Firmex Virtual Data Room Reviews
1-25 of 293 Reviews
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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 June 2023
[sensitive content hidden]
I really enjoy all of my ecounters with Firmex except the inability to use it from a mobile phone
PROSThe ability to easily move / copy documents
CONSIt is hard to use on a mobile phone and use from a mobile application standpoint
Vendor Response
We appreciate the positive feedback on the easy of use and copying documents which saves time and resources compared to other providers. Our platform can be used on a mobile web browser and we do offer an iOS app. The app isn't designed to be a complete substitute, it is meant to be able to store documents offline as well as make some changes remotely.
Replied July 2023
Jackson
Financial Services, 1,001-5,000 employees
Used weekly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed December 2023
Only Virtual Data Room Provider I Use
Good. Nice and helpful staff who are quickly available.
PROSEase of use and good customer support. Room is relatively easy to use.
CONSThe dashboard for user tracking can be difficult to use sometimes.
Reason for choosing Firmex Virtual Data Room
Cost effectiveness and support is very good.
Vendor Response
Thanks for your feedback. In terms of user tracking, without further details I can only speculate on what this may review to either our reporting or user permissions. I would be interested to know more of what you mean by that statement, feel free to reach out to me at james.lehuquet@firmex.com. As always, our support team is available 24/7 for any issues or questions you may have.
Replied January 2024
Anonymous
11-50 employees
Used daily for more than 2 years
OVERALL RATING:
3
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
2
FUNCTIONALITY
3
Reviewed May 2019
Overall Good, But No Bells & Whistles
Overall good, but limited customer support.
PROSEasy to use. Cost effective. User-friendly. Intuitive.
CONSHighly limited functionality and user analytics.
Reason for choosing Firmex Virtual Data Room
Cost-effective solution.
Vendor Response
Hi there, Thank you for your feedback. We're very pleased you're happy with our platform. We're constantly working on improving our product, releasing new updates each month to bring new functionality to our amazing customers. We very much appreciate the importance of having clear, easily accessible analytics when it comes to your various dataroom needs. For this reason, one our main focuses for the 2019 Product Road-map is improving reporting functionality. If you're interested about hearing more about the upcoming releases, or have questions about product functionality, I'd be happy to arrange a call to discuss at your convenience. Alternatively, our award-winning Support Team is available 24/7/365.They can be reached at 1.888.688.4042 x11 or support@firmex.com. Thanks again for choosing Firmex, Kyle Bardsley Senior Director, Customer Operations & Growth
Replied June 2019
James
Investment Management, 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 January 2024
Best Dataroom Option
10/10 would recommend to anybody needing a dataroom.
PROSIt's incredibly intuitive, easy to set up, and has all the functionality of the more expensive dataroom sites. The flat cost is a huge benefit as well, I use it for every deal I'm a part of.
CONSNot much to complain about to be honest. It has all the features you need, is easier to use than other sites, and is less expensive.
Reason for choosing Firmex Virtual Data Room
Ease of use, breadth of capabilities, price, and fixed fee pricing structure.
Vendor Response
We appreciate the feedback, great to hear about your experience.
Replied February 2024
Anurag
Investment Banking, 2-10 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed October 2023
Great and Efficient VDR Platform
Great and efficient
PROSIts easily understood by some of my older colleagues and clients
CONSThe website gets buggy sometimes and a small document takes a long time to get uploaded but that happens rarely
Reason for choosing Firmex Virtual Data Room
Because Firmex seems more customizable as per Company and Clients' needs
Kathryn
Mining & Metals, 11-50 employees
Used monthly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed January 2024
Cost effective solution for mining companies
Ease of organization, friendly customer service and sales.
CONSNot applicable - we don't have any complaints.
Reason for choosing Firmex Virtual Data Room
We found Firmex to be more user friendly and more professional looking.
Vendor Response
Thanks for the feedback, glad to hear you had experience with our award winning support team as it is one of our biggest competitive advantages within the data room space.
Replied February 2024
Anonymous
51-200 employees
Used daily for less than 6 months
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed January 2019
Firmex Virtual Data Room
For the Real Estate and Investment banking, the sharing of confidential documents within the company and taking on projects being in a group has been made easier. The legal documents and the finances which cannot be exposed can be accessed and updated from anywhere with Login access, for example on my iPhone. Tracking old files is much easier, as we go through sharing hundereds of files everyday with corrections pointed and re-corrected.
PROSThe custom sharing platform which is secured and the visibility control for employees. The best part of software is the document validity & password we can set and the people we can choose from list that can access or view the documents. Also the same document cannot be shared by E-mail or any other non Data-room platform and if done. We can control the share and track of the confidential documents.
CONSThe drawback of this software is that we cannot assign different permission or access levels to people in same group. Also, the time stamp cannot be changes to local time, it's always EST available.
Vendor Response
Hello! Thank you for using Firmex. We pride ourselves on our customer service and you having the best experience. In the future, we would be happy to show you how to set user-based permissions in the data room. It's a function we have to set from our end, as group-based permission is the preference of a majority of our users, it's our default. In terms of time zones, increased functionality is on our road map. As it stands now all of our reports can be run at any time zone, be it est, your time zone, or anyone you choose. Happy to jump on a quick call at your convenience. Thanks you, Jason @ Client Success
Replied January 2019
Joseph
Law Practice, 201-500 employees
Used monthly for more than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
5
FUNCTIONALITY
5
Reviewed April 2024
User Friendly and Useful
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.
PROSIt is easy to upload and organize data and documents.
CONSThe initial set up of a new matter is somewhat cumbersome. However, we don't have any substantial cons.
Alice
Law Practice, 201-500 employees
Used weekly for less than 6 months
OVERALL RATING:
5
EASE OF USE
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed April 2024
Setting up VDR for due diligence
very good. Support is excellent! I used Live Chat and didn't expect someone respond and actually a live person call me to guide me through.
PROSeasy set up once I get the concept of the structure.
CONSif documents can be upload directly from document management i.e. IManage. That would be perfect.
Jansen
Transportation/Trucking/Railroad, 51-200 employees
Used weekly for less than 6 months
OVERALL RATING:
5
EASE OF USE
4
FUNCTIONALITY
5
Reviewed March 2024
Quality Functionality
Excellent product. I was not familiar with firmex until recently.
PROSthe organization and search functionality of documentation.
CONSLook and feel could be better to improve the navigation
Austin
Investment Banking, 2-10 employees
Used weekly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed January 2021
Austin Porter - Review
Easy user interface allows non-familiar teams to upload information. Management teams are able to collaborate with the sell side group to upload information. Much easier to use than Dropbox.
CONSItem limits per page. (ie. only being able to see 200 files per page when looking at all files
Reason for choosing Firmex Virtual Data Room
Familiarity with the firmex products/ have heard less than stellar reviews about their system from people that have used it.
Vendor Response
Austin, thanks for the feedback and taking the time to review Firmex. Our users find that the 200 limit is more then enough file names within a page before it becomes difficult to navigate through. We would love to know if you are seeing this available with other providers you use or what the optimal number of items per page would be. James - Director of M&A Coverage
Replied April 2021
David
Venture Capital & Private Equity, 11-50 employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed October 2022
Virtual data room with the best price/ performance ratio
The software is easy to use and inexpensive relative to comparable solutions. Monitoring and Q&A functions come in handy when working with multiple groups on a project.
CONSThe software lacks a good viewer and is sometimes complicated to use with regard to the automatic numbering function. Moreover, it should support more languages.
Reason for choosing Firmex Virtual Data Room
Price and functionality.
Reasons for switching to Firmex Virtual Data Room
Netfiles was too expensive in comparison.
Wesley
Investment Banking, 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
4
Reviewed January 2021
Review of Firmex
It has been great. Never been overbilled. The team provides a heads up if you are reaching storage capacity vs. simply upping your bill. I've never had a client unable to understand how to use or access the data room.
PROSI love the ease of setting it up. Other products have more features as far as downloading and tracking, but everyone does bulk downloading so it is irrelevant. You get the key features you need: Accessed, % downloaded, ability to revise documents, etc.
CONSI haven't had any issues with the software. The customer service is the best I've seen. Very amenable if a transaction takes longer or goes on pause (i.e., they are willing to be flexible with pause periods and/or affordable monthly extensions)
Reason for choosing Firmex Virtual Data Room
Smartsheets is annoying to use.
Vendor Response
Thanks for your review and we are happy to hear you're enjoying Firmex! We're always looking to improve our product, so your feedback is valuable in providing the best product and service to our clients.
Replied April 2021
Erik
Investment Banking, 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 September 2023
Firmex - Great Value for top notch features
Firmex is the perfect solution at a great price point for our virtual data room needs.
PROSFirmex delivers the same functionality as software solutions that are 10x the price.
CONSIts not as intuitive as some of the other user interfaces i"ve seen - but it gets the job done.
Reason for choosing Firmex Virtual Data Room
Cost.
Reasons for switching to Firmex Virtual Data Room
Box had a limited set of features and functionality that we needed.
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.
Replied October 2023
Bruno
Investment Banking, 2-10 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 April 2023
Firmex VDR
Very satisfied. The customer support team is also highly effective and very appreciative.
PROSThe bulk upload/download options are very helpful. The whole VDR is very simple and easy to use.
CONSThe set permission feature could be improved a bit. It can be a bit confusing when setting permissions for users/groups and for folders.
Reason for choosing Firmex Virtual Data Room
More responsive team, way better pricing options and a better user experience as a whole.
Reasons for switching to Firmex Virtual Data Room
More responsive team, way better pricing options and a better user experience as a whole.
Vendor Response
Appreciate the feedback on how bulk upload/download has been helpful in your process. We are one of the only providers if not the only provider that allows you to upload up to 50 GB at a time. What might help with the permission of users/groups is our View As tool which can give you sightlines into what those guest user groups can/can't see. I do however understand the feedback and is something our product team is investigating with our new UX/UI release.
Replied May 2023
Scott
Investment Banking, 11-50 employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
4
FUNCTIONALITY
4
Reviewed January 2021
firmex
We have found Firmex to be a high value solution (low cost with decent functionality).
PROSFirmex is very intuitive and straight forward. Not a lot of bells and whistles, but we don't really need that.
CONSIt would be very nice if it was easier to convert Firmex into a traditional folder view that you get with PCs instead of just the web interface view.
Reason for choosing Firmex Virtual Data Room
cost
Vendor Response
Hi Scott, Thanks for your feedback on the Firmex platform. As the lead contact here at Firmex for SDR Ventures. I am happy to know Firmex is working for you. We greatly appreciate your feedback about having the user interface similar to a traditional folder view. I will make sure to mention it to our product team, so they can take it into consideration for future releases. As a former member of the support team, I'm quite familiar with the product. If there is anything I can do to help create an even better environment, either by offering some complimentary product training or taking down requests for improvements, please let me know. We are always eager to help. Jorge - Customer Success Manager
Replied April 2021
RICHARD ANTHONY
Financial Services, 51-200 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 December 2023
Great tool and service for the price
Easy to use with great customer service - very responsive
PROSEase of use and control and great customer service
CONSThe annoying data limits - it feels petty to charge after so little space has been used
Reason for choosing Firmex Virtual Data Room
Ease of use and value for money. additionally we use for any M&A transactions as well as data storage for board matters
Vendor Response
Thanks for the feedback on the ease of the use of the platform as we aim to be the most efficient VDR tool on the market. As for data limits, we offer a fixed pricing model for storage compared to the archaic per page model a few of our competitors are still billing on. There are reports in the product to let you know of your data limits, as well as notifications sent so there are no surprises should you go over those limits.
Replied January 2024
Kostas
Pharmaceuticals, 2-10 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 July 2022
Firmex review
Excellent experience, the room can be used for file sharing, central data repository and also to provide access to external parties
PROSEasy to use and organize. The data room serves its purpose 100%.
CONSPermission 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
Replied July 2022
Kelly
Machinery, 5,001-10,000 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed April 2022
User friendly
We use firmex internally for our staff in addition we use Firmex to send documents to our customer. Its user friendly and easy to navigate once you have been granted access.
CONScannot delete documents submitted unintentionally.
Reason for choosing Firmex Virtual Data Room
our customer uses it
Vendor Response
Thanks for the update and feedback as it sounds like our platform is meeting your needs based on your use case. I would be interested to know what you mean by unintentionally submitted documents. If you have the appropriate user permissions, you can delete documents that were uploaded in error. We also have quick views on the top left, above the folder index that shows what documents have been newly uploaded or unread for you to view to make sure these documents weren't uploaded in error. Please let me know if you want to connect, my email is james.lehuquet@firmex.com. - James Le Huquet, Director of Sales
Replied April 2022
Ewen
Biotechnology, 201-500 employees
Used weekly for more than 2 years
OVERALL RATING:
5
EASE OF USE
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
3
Reviewed January 2021
Good Virtual Data room product
Good
PROSEase of use - it's easy to upload documents and provide access to others.
CONSMetrics tracking e.g. user logs, downloads etc
Reason for choosing Firmex Virtual Data Room
Recommended by colleague
Vendor Response
Ewen, Thank You for taking the time to write a review. We are pleased to hear you are having a positive experience, especially with our core functions such as uploading and provisioning access to others. We do have a reporting feature that provides user metrics such as time logged, amount of logins, and documents viewed/saved. If you have any questions or require assistance, please do not hesitate to contact myself or your Customer Success Manager directly. Of course, our 24/7 support team is always available to help. Jason - Director of Client Success
Replied April 2021
Emma
Law Practice, 501-1,000 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 July 2019
User feedback
I like how easy the software is to use, and how you can set all different levels of users, i.e people can only view documents and other cans download etc.
CONSAt first it was very complicated to use. Should have some demo videos.
Vendor Response
Hi Emma, Thank you for your feedback! I'm glad you've enjoyed using Firmex and found the software easy to navigate once you got familiar with the platform. We do believe that our users could benefit from some videos when they're first introduced to Firmex. We do have a Getting Started video series available on our Firmex Knowledge Base, and I've attached the link to the first video in the series below. https://support.firmex.com/hc/en-us/articles/204467538-Start-a-new-project-change-the-project-name Once again, thank you for your feedback. Maren Van Zutphen Customer Success Manager
Replied July 2019
Janie
Hospital & Health Care, 1,001-5,000 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 November 2023
Firmex -Files at your Fingertips
Files are easily retrievable and a source of truth repository for all related documents. No chasing down emails or latest versions of files.
CONSThe filing system could be easier to manage, or have better categories to choose from.
Vendor Response
Thanks for the feedback on how easy it is to retrieve documents within the platform and not having to chase down what the latest version of the document as we have a version management tool built into the platform. I would be interested to know how we can make the system easier to manage as you already said it was easy to retrieve files, our product team is always interested in feedback so feel free to reach to me at james.lehuquet@firmex.com
Replied November 2023
Ashwin
Investment Banking, 5,001-10,000 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 April 2023
Review
Ease of creating the dataroom, import file structure and providing access to others
CONSFunctionality on mobile is not same as on the website, i.e., managing user list, adding users etc.
Vendor Response
Thanks for the feedback on the product and the ability to easily create a data room, upload files and provide user access. As for the mobile functionality not being the same, we do have an iOS app that will help with this problem instead of logging into an online mobile browser.
Replied June 2023
Jack
Financial Services, 51-200 employees
Used weekly for more than 2 years
OVERALL RATING:
4
EASE OF USE
3
VALUE FOR MONEY
3
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed November 2022
Nexben Review
It allows tiered access, easy uploading, good customer support
CONSInterface could look more up to date, the software is expensive
Reason for choosing Firmex Virtual Data Room
Were using it before anything else
Vendor Response
Thanks for the feedback on the ability to easily upload documents and the good experience you had with our support team. We are currently going through a platform software upgrade to give Firmex a more modern, up to date look. In terms of price, we aim to offer a top tier product at a mid-market price. Feel free to reach out if you'd like to discuss further.
Replied December 2022
arjuna
Real Estate, 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 January 2023
Great Product, Easy to Use
We are very happy with the system
PROSAllows us to manage the virtual dataroom for due diligence is an efficient way.
CONSSystems 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.
Replied March 2023