Who Uses This Software?

FORDATA services are used by market leaders, including the largest advisory companies, banks, investment boutiques, law firms and Private Equity/Venture Capital funds.

Average Ratings

22 reviews
  • Overall 4.5 / 5
  • Ease of Use 4.5 / 5
  • Customer Service 4.5 / 5
  • Features 4.5 / 5
  • Value for Money 4.5 / 5

Product Details

  • Starting Price US$260,00/month
  • Pricing Details See pricing details here: https://www.fordatagroup.com/pricing/
  • Free Version No
  • Free Trial Yes
  • Deployment Cloud, SaaS, Web
  • Training In Person
    Live Online
    Documentation
  • Support 24/7 (Live Rep)
    Business Hours

Vendor Details

  • FORDATA
  • https://fordatagroup.com
  • Founded 2009

About FORDATA Virtual Data Room

Our goal is to support dealmakers with the fastest and best-supported Virtual Data Room. We aim to become No.1 in sensitive file sharing for B2B on every market we serve. FORDATA's main focus is to provide exceptional services, including individual and proactive customer service, great usability and security. We cooperate with industry leaders, including the largest advisory companies, law firms, banks, and PE/VC funds.

FORDATA Virtual Data Room Features

  • Anonymity Management
  • Auditing
  • Collaboration
  • Data Protection
  • Data Storage Management
  • Document Tagging
  • Due Diligence Management
  • Procurement Management
  • Project Management
  • Role-Based Permissions
  • Secure Preview

FORDATA Virtual Data Room Most Helpful Reviews

Decent DD VDR software

Reviewed on 2019/05/28
Verified Reviewer
Director
Accounting, 13-50 Employees
Used the Software for: 1+ year
Reviewer Source 
4/5
Overall
4 / 5
Ease of Use
3 / 5
Features & Functionality
5 / 5
Customer Support
4 / 5
Value for Money
Likelihood to Recommend:
Not Likely Extremely Likely

Comments: I use Fordata VDR to receive data from target companies in due diligence processes. I had an overall good experience with this software and I can recommend it to a business professional in advisory sector.

Pros: Easy to use and pretty straightforward
Daily updates about new files

Cons: Fordata VDR plugin does lack behind in terms of browser updates therefore IE or Edge is often the browser you need to use.

Vendor Response

by FORDATA on 2019/05/30

Thank you for your comment and the recommendation! We are glad you find our VDR easy to use and are greatful for your suggestions. Chrome update could cause problems with how our plugin performed, but this issue is already solved.

High quality of product and customer service

Reviewed on 2019/02/07
Verified Reviewer
Associate
Financial Services, 13-50 Employees
Used the Software for: 2+ years
Reviewer Source 
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend:
Not Likely Extremely Likely

Comments: As mentioned, user friendly software with very powerful platform enabling a control the process. As well as responsive and kind customer service.

Pros: User friendly and quick. In situations of system slowdowns after noticing to the IT support - immediate response and improvement. Great control of the VDR.

Cons: It might have been the issue of my firewalls, but sometimes it was impossible to source data using company plugin

Vendor Response

by FORDATA on 2019/02/28

Thank you so much for this great 5-star review. We really appreciate you being a loyal customer and helping to share the word about us. We pride ourselves on our customer service and IT support!

Reliable + value for money

Reviewed on 2019/02/07
Paweł L.
Investment Manager
Banking, 10 001+ Employees
Used the Software for: 2+ years
Reviewer Source 
5/5
Overall
5 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend:
Not Likely Extremely Likely

Pros: Very good quality at a great price. I recall customer support very fondly. I was with an investment bank that had a number fo unique requests and they were all dealt with.

Cons: Several years back, when I was last using Fordata's software, it still had no convenient mobile option. Also, it ran kind of sluggish on some browsers. It was not a dealbreaker, but I would like to see this fixed (maybe it already has been).

Vendor Response

by FORDATA on 2019/02/15

Thank you so much for this great 5-star review! We appreciate it! Your opinion is very important to us! Help us to improve for you.

FORDATA REVIEW

Reviewed on 2019/02/08
Konrad H.
Transaction Manager
Real Estate, 51-200 Employees
Used the Software for: 1+ year
Reviewer Source 
3/5
Overall
3 / 5
Ease of Use
2 / 5
Features & Functionality
5 / 5
Customer Support
3 / 5
Value for Money
Likelihood to Recommend:
Not Likely Extremely Likely

Comments: VDR is used by my company to manage data flow between various parties during property due-diligence. It is used quite commonly. What I especially like about Fordata is great costumer support. Consultants are always available and eager to help.

Pros: * The interface is pretty transparent, although the design could be more modern-looking
* The software allows to use all basic functionalities of the VDR
* The staff is very helpful

Cons: * Interface looks obsolete,
* the software works pretty slow, especially in terms of major operations (e.g. deleting files in bulk)
* some of the functionalities (e.g. like sending notifications to users) are not very intuitive
* Necessity to log into an additional panel (Fordata uploader) in order to manage files.

Vendor Response

by FORDATA on 2019/02/15

Thank you for your valued comment!
KIndly be informed that FORDATA VDR allows to manage files without necessity to log in to additional panel. The function is available in the main tab of VDR called "Documents" in "Edit Structure" section!

Used for dd for 2 years

Reviewed on 2019/04/15
Łukasz K.
Business Development Manager
Real Estate, 13-50 Employees
Used the Software for: 2+ years
Reviewer Source 
5/5
Overall
4 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
4 / 5
Value for Money
Likelihood to Recommend:
Not Likely Extremely Likely

Comments: Overall very good.

Pros: The customer support is excellent. The interface is quite easy to use.

Cons: Necessity to log into an additional panel for uploading files. Too expensive.

Vendor Response

by FORDATA on 2019/04/29

Wow, great 5-star review! Thank you for taking your time writing this comment!

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