What is FirmRoom?
FirmRoom features a full suite of state of the art built in tools and features. FirmRoom is a highly adaptive platform that can be integrated into the IT solutions of almost any company. Although our product is designed with the specific needs of the financial sector—especially M&A due diligence—in mind, companies in a wide variety of industries are discovering the many potential uses for VDR tech in their fields. Industries currently using virtual data rooms to protect their data include: legal services, pharmaceutical and clinical research, mining and energy production and real estate management.
Company Details
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Real user data aggregated to summarize the product performance and customer experience.
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Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.
85 Likeliness to Recommend
1
Since last award
96 Plan to Renew
1
Since last award
83 Satisfaction of Cost Relative to Value
Emotional Footprint Overview
Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.
+87 Net Emotional Footprint
The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.
How much do users love FirmRoom?
Pros
- Continually Improving Product
- Trustworthy
- Effective Service
- Fair
How to read the Emotional Footprint
The Net Emotional Footprint measures high-level user sentiment towards particular product offerings. It aggregates emotional response ratings for various dimensions of the vendor-client relationship and product effectiveness, creating a powerful indicator of overall user feeling toward the vendor and product.
While purchasing decisions shouldn't be based on emotion, it's valuable to know what kind of emotional response the vendor you're considering elicits from their users.
Footprint
Negative
Neutral
Positive
Feature Ratings
Artificial Intelligence Categorization and Indexing
Q&A Management
Digital Rights Management
File Sharing Collaboration
Optical Character Recognition
Data Encryption
Permissions and Access Right Management
File Rooms
Redaction
Drag and Drop User Interface
Reporting and Analytics
Vendor Capability Ratings
Vendor Support
Ease of Implementation
Availability and Quality of Training
Ease of Customization
Ease of IT Administration
Usability and Intuitiveness
Product Strategy and Rate of Improvement
Quality of Features
Ease of Data Integration
Breadth of Features
Business Value Created
FirmRoom Reviews
Somin S.
- Role: Sales Marketing
- Industry: Banking
- Involvement: Business Leader or Manager
Submitted May 2024
Satisfactory and fantastic product.
Likeliness to Recommend
What differentiates FirmRoom from other similar products?
Firmroom is the data room provider that guarantees the safety of your files. With our patented technology, you can securely upload, store, and share any file with your team and clients without worrying about prying eyes.
What is your favorite aspect of this product?
FirmRoom software can be used across many industries while offering the most benefit and value to companies working in investment banking, real estate
What do you dislike most about this product?
Nothing.
What recommendations would you give to someone considering this product?
FirmRoom features a full suite of state-of-the-art built-in tools and features, and is the industry's leading virtual data room.
Pros
- Continually Improving Product
- Reliable
- Performance Enhancing
- Effective Service
Sanket V.
- Role: Information Technology
- Industry: Technology
- Involvement: IT Development, Integration, and Administration
Submitted Aug 2023
Efficient Virtual Data Room Solution with Room
Likeliness to Recommend
What differentiates FirmRoom from other similar products?
FirmRoom stands out from its competitors by offering a user-friendly interface, robust security features, and comprehensive document management capabilities, making it an ideal choice for businesses seeking a reliable virtual data room solution.
What is your favorite aspect of this product?
My favorite aspect of FirmRoom is its intuitive user interface, which makes it exceptionally easy to navigate and collaborate within the virtual data room, streamlining document management tasks.
What do you dislike most about this product?
One aspect I find less appealing about FirmRoom is its pricing, which can be on the higher side, potentially limiting its accessibility for smaller businesses or startups.
What recommendations would you give to someone considering this product?
I would recommend that anyone considering FirmRoom thoroughly assess their specific data room needs, as well as explore pricing options and potential alternatives, to ensure that it aligns with their budget and requirements effectively.
Pros
- Helps Innovate
- Continually Improving Product
- Reliable
- Enables Productivity
Lethabo N.
- Role: Information Technology
- Industry: Other
- Involvement: End User of Application
Submitted Jan 2023
"Incredible and simple product"
Likeliness to Recommend
What differentiates FirmRoom from other similar products?
FirmRoom has integration capabilities which helps to improve efficiency and productivity of workflow.
What is your favorite aspect of this product?
FirmRoom provides security to sensitive documents which can be useful in business transactions.
What do you dislike most about this product?
FirmRoom lacks advanced analytics and reporting features.
What recommendations would you give to someone considering this product?
You should consider for a user-friendly interface and fast data transfer transfer.
Pros
- Helps Innovate
- Continually Improving Product
- Enables Productivity
- Trustworthy