Firmroom--good value for a good price
March 28, 2022

Firmroom--good value for a good price

Shane Hanna | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with FirmRoom

I recently used FirmRoom on an M&A deal I was working on. I found it very easy to use with an intuitive interface and simple functionality. It has a great price point and allowed me to work with the client to get a data room up and running very quickly.
  • Simple and intuitive user interface.
  • Extremely easy to upload and manage documents.
  • Easy to view and download documents.
  • There is some latency in loading larger documents. So sometimes it wasn't quite as quick as I would have liked.
  • Work with clients.
  • Ease of use and intuitive interface.

Do you think FirmRoom delivers good value for the price?

Yes

Are you happy with FirmRoom's feature set?

Yes

Did FirmRoom live up to sales and marketing promises?

Yes

Did implementation of FirmRoom go as expected?

Yes

Would you buy FirmRoom again?

Yes

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.