Firmex Virtual Data Room Reviews (93)

Reviews

Firmex Virtual Data Room Reviews (93)

4.6
93 reviews

What do users say?

Generated using AI from real user reviews
Users consistently praise the ease of use and robust security features of Firmex Virtual Data Room, highlighting its intuitive interface that simplifies document management and sharing. Many appreciate the platform's reliability and efficient customer support, making it a preferred choice for secure data handling. However, some users note that navigating large folders can be slow at times.

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Verified User in Investment Banking
AI
Verified User in Investment Banking
Small-Business (50 or fewer emp.)
"Have used the vdr for four years and have been very happy with it."
5/5
What do you like best about Firmex Virtual Data Room?

Clean and intuitive UI. Clients have had minimal issues, and customer service is responsive/straightforward. Review collected by and hosted on G2.com.

What do you dislike about Firmex Virtual Data Room?

Reporting tools could be more built out. Review collected by and hosted on G2.com.

Response from James Le huquet of Firmex Virtual Data Room

Thanks for the review and the feedback on our UI, as well as our award winning customer support. In terms of our reporting tools being more built out, I'd be very interested in what type of information you are looking for when generating reports within the platform. My email is james.lehuquet@firmex.com, feel free to reach out, our product team is interested in your feedback.

Verified User in Investment Banking
AI
Verified User in Investment Banking
Enterprise (> 1000 emp.)
"Simple to use, intuitive layout, good service/support."
4.5/5
What do you like best about Firmex Virtual Data Room?

Good, intuitive layout. Easy to learn and use. Review collected by and hosted on G2.com.

What do you dislike about Firmex Virtual Data Room?

No direct call line. It would be helpful if someone were there to answer the phone. Review collected by and hosted on G2.com.

Response from James Le huquet of Firmex Virtual Data Room

Thanks for your review and sharing your feedback. We have an in-house, 24/7/365 support team, based in Toronto, Canada and London, England. They can be reached by calling 1-888-688-4042 x11 or +1-416-840-4241 x11 if calling internationally. We also have an online knowledge base that can be accessed by going to https://support.firmex.com/hc/en-us/requests/new.

Verified User in Financial Services
AF
Verified User in Financial Services
Small-Business (50 or fewer emp.)
"Firmex VDR review"
3.5/5
What do you like best about Firmex Virtual Data Room?

Familiarity and ease of use with layout. Review collected by and hosted on G2.com.

What do you dislike about Firmex Virtual Data Room?

Certain functionality around bulk permissions. Review collected by and hosted on G2.com.

Response from James Le huquet of Firmex Virtual Data Room

Thanks for your review and feedback. In regards to certain bulk permissions, I would love to understand what aspect of permissions you are referring to and what you would rather see. We are also looking to improve our permissions as it is one of the biggest needs within a VDR especially based on the size of the deal. James - Director of M&A Coverage

Verified User in Financial Services
AF
Verified User in Financial Services
Enterprise (> 1000 emp.)
"Functional, easy to use platform"
3.5/5
What do you like best about Firmex Virtual Data Room?

Overall easy to use. Great search function. Easy to add new users and to assign permissions to different groups Review collected by and hosted on G2.com.

What do you dislike about Firmex Virtual Data Room?

Could use some full deal features such as the ability to send out teasers or correspondance. Besides this the platform overall has the key features. Review collected by and hosted on G2.com.

Response from James Le huquet of Firmex Virtual Data Room

Thanks for your review and feedback. We have investigated and are continuing to investigate full deal marketing integration within Firmex. This is an interesting new feature that only a select few providers are offering in order to give a full deal feature set within the M&A landscape. If you have some time we would love to understand what exactly are you looking to have within a VDR that offers full deal set of functionality. James - Director of M&A Coverage

Verified User in Banking
AB
Verified User in Banking
Enterprise (> 1000 emp.)
"easy to use"
4.5/5
What do you like best about Firmex Virtual Data Room?

The platform is easy to use and allows a certain flexibility Review collected by and hosted on G2.com.

What do you dislike about Firmex Virtual Data Room?

I would like to be able to add several users at the same time simply by copying their email addresses Review collected by and hosted on G2.com.

Response from James Le huquet of Firmex Virtual Data Room

Thanks for the review and feedback. Adding users by email only is a feature we are actively looking at implementing within our product roadmap, as it is a common request we hear. Having this feature should simplify this process tremendously.

Verified User in Investment Banking
AI
Verified User in Investment Banking
Small-Business (50 or fewer emp.)
"very satisfied customer"
5/5
What do you like best about Firmex Virtual Data Room?

cost-effective, drag and drop features, overall functionality Review collected by and hosted on G2.com.

What do you dislike about Firmex Virtual Data Room?

logging contacts; would be great if a contact who has firmex before automatically appeared (Merrill has this functionality)

also, this may be available but i don't know but an app would be great Review collected by and hosted on G2.com.

Response from James Le huquet of Firmex Virtual Data Room

Thanks for your review and feedback. We are actively looking at simplifying our user contacts and adding of users by email only. This is a common request in order to increase a positive user experience within Firmex. We do offer an iOS app that can be downloaded for free from the app store. I would love to learn more of what exactly you want to use an app for or what you currently are using a VDR app for. James - Director of M&A Coverage

Verified User in Banking
AB
Verified User in Banking
Small-Business (50 or fewer emp.)
"Good data room provider"
4/5
What do you like best about Firmex Virtual Data Room?

They are a good data room provider at a low cost. Review collected by and hosted on G2.com.

What do you dislike about Firmex Virtual Data Room?

The format for the data room needs some minor clean-up. Review collected by and hosted on G2.com.

Response from James Le huquet of Firmex Virtual Data Room

Thanks for your review and feedback. We are looking at redesigning and cleaning up our platform. I would like the opportunity to connect with you on your thoughts and feedback on how we can clean this up based on your VDR experience.

Verified User in Investment Banking
AI
Verified User in Investment Banking
Enterprise (> 1000 emp.)
"Very user friendly experience"
4.5/5
What do you like best about Firmex Virtual Data Room?

It is secure and very easy to add documents and users Review collected by and hosted on G2.com.

What do you dislike about Firmex Virtual Data Room?

Sometimes it feels like you get logged out very quickly Review collected by and hosted on G2.com.

Response from James Le huquet of Firmex Virtual Data Room

Appreciate your feedback and review. Our set up for logging a user out based on inactive time is industry standard, but would be interested in understanding what you would like to see or have seen with other providers should there be an exception.

Verified User in Investment Banking
AI
Verified User in Investment Banking
Small-Business (50 or fewer emp.)
"Simple, easy to use"
5/5
What do you like best about Firmex Virtual Data Room?

Doesn't have a lot of the unnecessary features other VDRs have Review collected by and hosted on G2.com.

What do you dislike about Firmex Virtual Data Room?

User management portal could be more robust Review collected by and hosted on G2.com.

Response from James Le huquet of Firmex Virtual Data Room

Thanks for the review and using Firmex. I am interested to understand what features you're looking for from our user management portal. We released a global login to provide users easy access to the data rooms they have been invited into. We are also looking at redesigning our platform in 2022, so your feedback on user management portal would be of value.

Verified User in Financial Services
AF
Verified User in Financial Services
Mid-Market (51-1000 emp.)
"Very reasonably priced and gets the job done."
2.5/5
What do you like best about Firmex Virtual Data Room?

Very reasonably priced, great for clients who are cost-conscious Review collected by and hosted on G2.com.

What do you dislike about Firmex Virtual Data Room?

Not much complex functionality. Not super intuitive to track user data, data exports require cleaning up Review collected by and hosted on G2.com.

Response from James Le huquet of Firmex Virtual Data Room

Thanks for the review and feedback. I would love to learn more about what data you are looking to track from a user perspective and how we can clean up the exports to excel. Along with the types of reports you are accustomed to seeing. We have released two new group user reports into Firmex and have a third report coming in Q4. James - Director of M&A Coverage