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FORDATA REVIEW

Virtual Data Room Software

2 user reviews
USER SATISFACTION 100%
OUR SCORE 8.0

What is FORDATA?

FORDATA is a virtual data room solutions provider in Central and Eastern Europe. It offers you peace of mind through its document management and in-built communication tools that are beneficial in dealing with complicated and sensitive deals.

With FORDATA, you can work on large M&A transactions, capital-raising ventures, IPOs, restructurings, clinical trials, life science, and securitization projects. As such, you can maximize the use of the solution and gain more ROI on it.

Though FORDATA has been a big player in the VDR niche because of its powerful and robust features, it has not stopped being innovative. In fact, there is a new version of the solution with enhanced intuitiveness and configuration capabilities combined with the latest professional trends. Additionally, launching it is faster so you can conduct transactions immediately.

Overview of FORDATA Benefits

Support for Complex Transactions

As an enterprise, you may need a solution that can help you with the workings of a huge and complicated transaction. FORDATA can support considerable M&A dealings, restructuring projects, securitization enterprises, and similar businesses.

Enhanced Application

The people behind FORDATA has recently enhanced the system to make it more intuitive. They added self-configuration capabilities to it and made it more visually appealing to work with. What’s more, FORDATA is backed up by improved IT infrastructures that provide additional speed and performance. As a result, upload time takes as little as seven minutes per gigabyte. There are also new process improvements, which paved the way for a faster loading time so you are ready for any transaction instantaneously.

High-Level Security

FORDATA takes security seriously. It protects your files using bank-grade measures. Apart from that, it helps secure your documents with its watermarking feature and access rights management tools. The latter includes denial of file saving and printing rights as well as modification permissions. Moreover, at the end of each project, the solution helps you generate an encrypted DVD where you can securely store Data Room contents.

Overview of FORDATA Features

  • 24/7 Availability
  • Document Management
  • File Protection
  • Modification & Copying Protection of Excels
  • User Rights Management
  • Bulk Operations
  • Activity Reports
  • Communication Module
  • Search Options

What Problems Will FORDATA Solve?

Support for Complex & Confidential Deals

Virtual Data Rooms are usually employed in complex and confidential deals that involve independent financial and legal advisers. It is a tool for Due Diligence for transactions like mergers and acquisitions. FORDATA has advanced security and functions dedicated to such dealings. As a result, organizations can oversee Due Diligence Electronically, which enhances the safety and comfort of all parties involved.

Non-transactional Use Cases

VDRs can also be utilized in non-transactional projects. FORDATA helps companies implement those by providing a safe platform for the sharing of confidential documents. This is especially beneficial when it comes to disseminating information to parties outside the organization.

Awards & Quality Certificates

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FORDATA Position In Our Categories

Position of FORDATA in our main categories:

50

FORDATA is one of the top 50 Virtual Data Room Softwareproducts

50

FORDATA is one of the 50
Virtual Data Room Software products


If you are considering FORDATA it may also be sensible to analyze other subcategories of Best Virtual Data Room Software collected in our database of SaaS software reviews.

Every company has its own characteristics, and might call for a specific Virtual Data Room Software solution that will be adjusted to their business size, type of clients and employees and even specific industry they deal with. We advise you don't count on getting a perfect software that will be suitable for every company regardless of their history is. It may be a good idea to read a few FORDATA reviews first and even then you should pay attention to what the software is intended to do for your company and your staff. Do you require an easy and straightforward service with only elementary features? Will you really make use of the complex tools required by experts and big enterprises? Are there any specific features that are especially useful for the industry you operate in? If you ask yourself these questions it is going to be much easier to get a reliable service that will match your budget.

How Much Does FORDATA Cost?

FORDATA Pricing Plans:
Free trial
VDR Lite
€235/month
VDR Basic
Contact vendor
VDR Pro
Contact vendor

FORDATA has three offerings for enterprise pricing, which you can try free for 14 days. The details for these packages are as follows.

VDR Lite – €235/month

  • 1 Project
  • 1GB Data
  • 25 Users
  • 1-hour Online Training
  • Self-service
  • 24/7 Technical Support

VDR Basic – request pricing information

  • 1 Transaction
  • Flexible Data Size
  • Unlimited Users
  • 24/7 Technical Support
  • Dedicated Project Manager
  • Assisted Documents Upload & VDR Management
  • Data Room Archive

VDR Pro – request pricing information

  • Multiple Projects or Transactions
  • Flexible Data Size
  • Unlimited Users
  • Dedicated Project Manager
  • 24/7 Technical Support
  • Assisted Documents Upload & VDR Management
  • Data Room Archive

User Satisfaction

We realize that when you make a decision to buy Virtual Data Room Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and FORDATA reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with FORDATA. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

POSITIVE SOCIAL MENTIONS

16

NEGATIVE SOCIAL MENTIONS

0

Video

Technical details

Devices Supported
  • Windows
  • Linux
  • Android
  • iPhone/iPad
  • Mac
  • Web-based
  • Windows Mobile
Language Support
  • English
  • Polish
Pricing Model
  • Monthly payment
  • Quote-based
Customer Types
  • Small Business
  • Large Enterprises
  • Medium Business
Deployment
  • Cloud Hosted

What Support Does This Vendor Offer?

  • EMAIL
  • PHONE
  • LIVE SUPPORT
  • TRAINING

FORDATA User Reviews

Anonymous Reviewer

Anonymous Reviewer

What are FORDATA pricing details?

FORDATA Pricing Plans:
Free trial
VDR Lite
€235/month
VDR Basic
Contact vendor
VDR Pro
Contact vendor

FORDATA has three offerings for enterprise pricing, which you can try free for 14 days. The details for these packages are as follows.

VDR Lite – €235/month

  • 1 Project
  • 1GB Data
  • 25 Users
  • 1-hour Online Training
  • Self-service
  • 24/7 Technical Support

VDR Basic – request pricing information

  • 1 Transaction
  • Flexible Data Size
  • Unlimited Users
  • 24/7 Technical Support
  • Dedicated Project Manager
  • Assisted Documents Upload & VDR Management
  • Data Room Archive

VDR Pro – request pricing information

  • Multiple Projects or Transactions
  • Flexible Data Size
  • Unlimited Users
  • Dedicated Project Manager
  • 24/7 Technical Support
  • Assisted Documents Upload & VDR Management
  • Data Room Archive

What integrations are available for FORDATA?

No information available.

User reviews


User reviews in total: 2

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Average Rating:

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The most favorable review

Anonymous Reviewer

2 years ago


Pros: FORDATA interface is very user friendly and their file management system has saved me a lot of time. As it comes to technical support team, they were always readily available to answer questions. This personalized aspect is very important for business users who are time pressed and in need of timely solutions.

Cons: Don't know.

The least favorable review

Anonymous Reviewer

2 years ago


Pros: Fordata's VDR system is an excellent tool to support any business process that requires confidentiality, and FORDATA is a business partner worth recommending. The team works in accordance with information security procedure. The system is equipped with a number of security features which protects sensitive data as only authorized users were able to access the application.

Cons: Fordata's VDR system is an excellent tool to support any business process that requires confidentiality, and FORDATA is a business partner worth recommending. The team works in accordance with information security procedure. The system is equipped with a number of security features which protects sensitive data as only authorized users were able to access the application

Anonymous Reviewer
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Published 2 years ago
Pro
review
FORDATA interface is very user friendly and their file management system has saved me a lot of time. As it comes to technical support team, they were always readily...



1 person thinks this review is helpful

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Anonymous Reviewer
Report a concern

Published 2 years ago
Fordata's VDR system is an excellent tool to support any business process that requires confidentiality, and FORDATA is a business partner worth recommending. The team...


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Thank you for your valued comment! We do our best to better meet your expectations!


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