Drooms

Avantages

missing guest sharing functionLa fonction de partage à des invités n'est pas présente.

Inconvénients

flex drooms n'est pas une data room, il n'est pas possible de partager des documents avec un invité.

Avantages

Intuitive orga & searching
Drag and Drop
Q&A

Inconvénients

I am forced to change password too often

Alternatives envisagées 

Pourquoi passer à Drooms

Avantages

Q&A function
download function for entire folders

Inconvénients

Watermark on the PDFs after the download
No text recognition in the PDFs

Avantages

Overall security, especially the multiple watermarks on each page.

Inconvénients

Drooms use is very different than other data room programs. A bit more instruction on using Drooms would be helpful.

Avantages

It is cheap (but even that is not enough to considered to be a decent choice)

Inconvénients

Functionality and usability; it is not very user friendly either on the buy-side or the sell-side.

1. Translation tool is terrible (GER-ENG) - translating that our documents would include sentences like "I want to kill you". This is definitely not what is written in the original document, and this is definitely not something you want to have in a DD process.

2. Q&A tool is awkward, unsmooth and has poor visibility - very challenging to follow which of the questions are answered, which is not and should be shared to new people, which are coming back from your internal team and which from external teams. Question numbering is odd. Search-tool does not find questions even if searching with the headline / key words. You cannot see the previous answer of a question, but after answering it just disappears. You cannot double check your answer nor an you copy paste it easily to another bidder. Tool is showing an old a question an right-hand side even though is does not match with the question selected left-hand side..very confusing and drains your focus unnecessary things.

3. As a buyer, reviewing documents is challenging. You cannot 'handle' to the document normally and so reading through documents becomes burdensome. This is frustrating to both sides as buy-side is asking questions that are included in the docs, but did not find it there due to poor, slow and awkward handling of the document.

Avantages

The user interface is highly intuitive, making it easy to navigate and manage large volumes of documents efficiently. Advanced security options, including granular permissions and robust encryption, ensure data is protected at all times.

Inconvénients

Offline access to documents could be improved for situations where internet connectivity is an issue.

Avantages

It is very intuitive, easy to search for specific documents online.

Inconvénients

You cannot preview the files and you do not receive alerts when a new file is uploaded.

Avantages

I mostly enjoy the general ease of usage

Inconvénients

The file management could be improved (for example, removing or moving files between folders).

Avantages

Intuitive and reliable which are the core qualities for this type or tool

Inconvénients

Nothng really, what mattes to me is’oositivéy covered

Avantages

Aplication is faster than the older, fast to upload documentation. Access the clients to old documentation, easy to access the statistic and get information

Inconvénients

I have problems with the authoritation to the clients, you have to delete all the users and then manage the acces again. You can download the documents with water signal

Avantages

Easy to use and reliable customer support

Inconvénients

Question and Answers report and mass data upload

Avantages

El producto es fácil de usar, la creación de una VDR desde 0 es sencilla y el trabajo final se ve bien de cara a los inversores. Además, la gestión de los usuarios y los archivos es más sencilla que en otras VDRs.

Inconvénients

Los reportes podrían ser más completos, así como la adición de usuarios en ocasiones ha dado error, aunque se arregla rapido el error.

Avantages

The software is easy to use. I also like its clarity. The function of analytic is also useful. I appreciate the services provided by customer support.

Inconvénients

If you add attachement to the answer (in Q&A tool), it is not shown in data room to be available as valuable document as far as I know.

Avantages

SIMPLE AND QUITE EASY TO USE ( VERY INTUITIVE), FAST IN ORDER TO LOAD DOCUMENTS. THE POSIBILITY TO DOWNLOAD STADISTICS

Inconvénients

MORE APPLICATIONS LIKE :
ENTER USER AND ACCESS FILTERS WITHOUT NEEDING TO SEE ALL ALS FOLDERS AND VICE VERSA

Avantages

it is very easy and very swift in uploading documents; when the system needs some seconds to upload, you can continue to use the program

Inconvénients

changing the indexnumber within a folder is not very easy (you cannot drag files within a folder to another indexnumber)

Avantages

Easy to use, quick to set up, efficient and friendly customer service.

Inconvénients

Search function might be improvable for some file formats.

Avantages

Support Service is great ! It offers interesting functionalities

Inconvénients

nothing to say about it. It is a constantly improving tool.

Avantages

The system is very easy to navigate and intuitive. The settings are pretty straightforward as well.

Inconvénients

Sometimes it freezes but this could be due to my internet connection.

Avantages

Service

Inconvénients

non

Avantages

Easy to use. Quick support in case of need.

Inconvénients

None noted. It met all of our needs satisfactorily.

Avantages

I particularly liked 1) ease of use - I was able to do almost all by myself without need for support and 2) customer support - the little times I needed support it was quick and effective

Inconvénients

The "Look and feel" and design of the data room seems a bit old and outdated; it was not possible to customize the look (e.g. the font size was particularly small!)

Avantages

Very intuitive interface, the easy use and professional advisory

Inconvénients

Don't see any cons.