FirmRoom vs. ShareVault

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.

ShareVault is the most secure virtual data room with 24/7 responsive support. It is easy to set up and also flexible to sync with the different document storage and management tools like Dropbox, OneDrive, etc. The most important aspect of it is complete security. It has a built-in password generator and two-factor authentication to ensure security. It is simple, easy to use and the customer service is great. It is user-friendly and saves time with the ability to customize and create your own fields. It is a one-stop solution for any business that is looking for an easy-to-use and secure data room.

Incentivized

Independently Invited by TrustRadius

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

• Securely Store Documents
• Customizable Permissions
• Organize Files

• Easy setup.
• User friendly interface.
• Easy and quick documents sync.
• Affordable pricing.

Incentivized

Independently Invited by TrustRadius

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

• There is some latency in loading larger documents. So sometimes it wasn't quite as quick as I would have liked.

• Add and manage tag functionality needs some improvement.
• Usually file permission and invitation go to the spam folder on the receiver end.

Incentivized

Independently Invited by TrustRadius

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.

• Much less expensive than per page data rooms
• Can view documents quicker with the in-platform viewer
• Almost no training required which saves me time when inviting new users

• Helps to create a secure workspace.
• Easy to share confidential documents without any risk.

Incentivized

Independently Invited by TrustRadius

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