Digify in San Francisco provides an electronic document security service with virtual data room featuring digital rights management, access controls (and revokation), passkey encryption, and other methods of ensuring a safe and secure file sharing and collaboration process between companies and their outside partners.
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FirmRoom
Score10 out of 10
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FirmRoom is a cloud-based virtual data room. The solution helps organizations to manage due diligence, and other information-dense processes, through secure document management and file sharing. Features such as drag and drop, bulk upload, & smart search enable seamless collaboration. Additional key features include data tracking, data analytics, audit trails, customized notifications, individual and bulk invitations, bulk file upload, and a user activity tracker. The vendor states FirmRoom…
It is well suited for securing and protecting confidential data. It is great to work with your emails (Gmail) as you can allow access to concerned people, bar downloading, put an expiry date, or add the watermarks. The most amazing feature is that it's very customizable.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
This is a great data room for a simple transaction. It does not offer all of the bells and whistles like some data rooms--but the price point is a fraction of what those data rooms cost. And I think this is a great solution for an M&A project. I'm not sure it would be as good for tracking what users viewed a document or how long--although in all honesty, I didn't see such features. These days, most clients want to try and use Dropbox or Google Docs and I feel that firm room is a far superior solution to those often-used choices and the price point is not very painful and does not decrease the attractiveness of the offering.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
I don't have a lot to complain but it is a bit overpriced, in my opinion.
Sometimes it messes with the firewall and some of the clients are not able to open the Digify links.
Initially, a few of our team members found it difficult but eventually they got the hang of it. It is not particularly a drawback but maybe there is a learning curve for some people. I'm extremely happy though.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Digify is an easy-to-use platform with a simplified user interface to safeguard, regulate, and track the specific location of business process documents once they have been received. Android and iOS devices as well as Windows, Linux and Mac operating systems are supported by this tool.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
In expensive cost and simple design. There was basically no onboarding needed and you can sign up for yourself online. Security standards are similar to other M&A data rooms, but pricing is much less expensive. Never have to worry about permissions when adding new users to the virtual data room.
It has helped us secure our confidential data and that's something very important. Hence, it would be fair to say that Digify has played a positive role in the overall growth of the business.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
