Firmex Virtual Data Room

Firmex Virtual Data Room
About Firmex Virtual Data Room
Firmex Virtual Data Room is a secure online platform for sharing confidential documents within companies such as investment banks, law firms, private equity groups, and corporations. The platform provides a highly adaptive interface that can be tailored to accommodate various types of business workflows. It supports large-scale collaboration and complex security scenarios with numerous parties, and aims to help close more profitable deals quicker, and more efficiently.
Firmex Virtual Data Room integrates with the organization’s IT system and provides a customizable interface with personalized branding. The solution enables users to streamline numerous business practices including document viewing, uploading, and revisions, as well as note sharing and collaborations.
Users can invite other individuals or entire teams to a deal and set permissions, granting and restricting access as needed. Permissions can be applied to entire projects, folders, documents, or users. Users can easily drag files or folders into the data room using the drag and drop feature, and tag documents to track changes and assign tasks.
Historical document tracking is simple with the solution’s ‘versions’ feature that automatically displays the most recent version of a document. It also allows users to look back through previous versions to see what changes were made in the past. Users can apply dynamic watermarks to documents, restrict downloading and printing, as well as track and audit user activity. With Firmex, all data is kept in secure data centers with fire and disaster safeguards, along with keycard and biometric access.
Pricing starting from:
Not provided by vendor
- Free Version
- Free Trial
- Subscription
Key benefits of Firmex Virtual Data Room
Firmex's 'Email-in' feature lets users upload documents to the data room via email while out of the office.
Users are in full control of their documents with security settings like access expiry, saving and printing restrictions, dynamic watermarks, and more.
Firmex offers project consultation for creating the best fitted data room to match the organization's needs.
Users can simply send their hard drives to Firmex, and they'll send back a completed and organized data room ready-for-use.
Firmex virtual data rooms store data in secure data centers that hold all major North American, European, and international security certifications.
Typical Customers
- Freelancers
- Small Businesses (2-50)
- Mid-size Companies (51-500)
- Large enterprises (500 and more)
Deployment
- Cloud-based
- On-premise
Supported Languages
English, French
Pricing starting from:
Not provided by vendor
- Free Version
- Free Trial
- Subscription
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Features
Total features of Firmex Virtual Data Room: 47
Alternatives
Citrix Workspace

DealRoom

Oracle Aconex

Smartsheet

Reviews
Already have Firmex Virtual Data Room?
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- Industry: Oil & Energy
- Company size: 501–1,000 Employees
- Used Weekly for 1-5 months
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
First Time User/Administrator
Reviewed on 2023/07/10
I haven't experienced any problems that could not be remedied quickly - mostly user error on my...
I haven't experienced any problems that could not be remedied quickly - mostly user error on my part.
Pros
Integration into our company's needs was quick and easy.
Cons
There isn't anything I don't like about it.
Alternatives Considered
DocuPhaseReasons for Switching to Firmex Virtual Data Room
Ease of use for our needs.Response from Firmex
Thanks for the feedback outlining how fast and easy the implementation of Firmex was. We appreciate the review and look forward to continually working with you.
- Industry: Financial Services
- Company size: 11–50 Employees
- Used Weekly for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Good product
Reviewed on 2024/06/20
So far so good for myself and our users.
So far so good for myself and our users.
Pros
It is easy to use and allows flexibility to expand and rearrange folders as required.
Cons
Perhaps more specific permission settings. For example, I do not need full access but it would be helpful to add the "delete" feature as a stand-alone.
Response from Firmex
Thanks for the feedback on how the experience has been when adjusting folders and the structure of folders as it is all drag and drop functionality. In terms of the ability to customize permissions, we offer a role based system between what users have access to within the project (data room) and the information within meaning the documents. The permission combinations we have made are the industry settings we see most commonly used based on the roles you want to give host users vs guest users. If you require assistance further on how to best set those permissions, our support team is available 24/7.
- Industry: Investment Banking
- Company size: 11–50 Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 7.0 /10
Overall Good, But No Bells & Whistles
Reviewed on 2019/05/29
Overall good, but limited customer support.
Overall good, but limited customer support.
Pros
Easy to use. Cost effective. User-friendly. Intuitive.
Cons
Highly limited functionality and user analytics.
Alternatives Considered
Intralinks VDRPro, Ideals Virtual Data Room, Ansarada and Datasite Diligence Virtual Data RoomReasons for Switching to Firmex Virtual Data Room
Cost-effective solution.Response from Firmex
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 [email protected].
Thanks again for choosing Firmex,
Kyle Bardsley
Senior Director, Customer Operations & Growth
- Industry: Law Practice
- Company size: 51–200 Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
My Review/Opinion
Reviewed on 2024/10/01
I really appreciate Firmex being so easy to use.
I really appreciate Firmex being so easy to use.
Pros
I like how easy it is to share documents with our working group, which comprises of banks, lawyers and their client.
Cons
Honestly, we can do without the "No." column. I tried turning it off, but it would still be present in the dataroom. Our documents are named with numbers in front of them. So the extra No. column can be confusing.
Response from Firmex
We appreciate the feedback and the 10 out of 10 rating whcih is always great to see. As for the numbering schema, here is an article from our online Knowledge Base to help - https://support.firmex.com/hc/en-us/articles/207255117-Numbering-settings-and-schema
- Industry: Renewables & Environment
- Company size: 10,000+ Employees
- Used Weekly for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
One of the better data rooms I've used
Reviewed on 2024/09/10
Definitely one of the better, user-friendly data rooms I have used.
Definitely one of the better, user-friendly data rooms I have used.
Pros
It is very efficient and I have never had an issue downloading files or accessing a data room.
Cons
I don't like the new interface as much as the previous one. The previous interface was a little easier to use and I didn't have any issue with functionality. I don't like that when you checkbox individual files, you don't have the option to download them with the folder path. You can only download with a folder path included if you click the "Download" button without checking any files, which can be a little cumbersome downloading unneeded files. I think that needs to be updated asap.
Response from Firmex
Thanks for the feedback, great to hear about your experience and how easy it was to navigate our platform. We pride ourselves in how easy our user interface is to accommodate all users logging in to our data room. We do have the ability to leave comments and tags which can be found on the right hand side of the documents tab. Those comments and tags can be searched for within the search tab as well, although isn't a report function it still can be found easily.
Firmex Virtual Data Room FAQs
Below are some frequently asked questions for Firmex Virtual Data Room.Q. What type of pricing plans does Firmex Virtual Data Room offer?
Firmex Virtual Data Room offers the following pricing plans:
- Free Trial: Available
Q. Who are the typical users of Firmex Virtual Data Room?
Firmex Virtual Data Room has the following typical customers:
Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000
Q. What languages does Firmex Virtual Data Room support?
Firmex Virtual Data Room supports the following languages:
English, French
Q. Does Firmex Virtual Data Room support mobile devices?
Firmex Virtual Data Room supports the following devices:
iPhone (Mobile), iPad (Mobile)
Q. What other apps does Firmex Virtual Data Room integrate with?
We do not have any information about what integrations Firmex Virtual Data Room has
Q. What level of support does Firmex Virtual Data Room offer?
Firmex Virtual Data Room offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live rep), Chat
Related categories
See all software categories found for Firmex Virtual Data Room.