Who Uses This Software?

Corporate M&A, Financing, Fund Raising, Asset Sales & Purchases, Legal Compliance , Audits


Average Ratings

9 Reviews

  • 4.5 / 5
    Overall

  • 4 / 5
    Ease of Use

  • 4.5 / 5
    Customer Service

Product Details

  • Starting Price
    $300.00/month
  • Pricing Details
    http://www.v-rooms.com
  • Free Demo
    Yes
  • Deployment
    Cloud, SaaS, Web
  • Training
    Documentation
    Webinars
    Live Online
  • Support
    Online
    Business Hours
    24/7 (Live Rep)

Vendor Details

  • Vault Rooms
  • www.v-rooms.com
  • Founded 2006
  • United States

About V-Rooms

V-Rooms is the only provider to offer request list (task) management features that enable the secure and efficient receipt of data. V-Rooms provides a privately-branded online virtual data room solution, designed to streamline document management, collaboration, secure file sharing and archiving for a variety of professionals. V-Rooms provides a secure location to store and view information that companies want to keep private, yet access conveniently.


V-Rooms Features

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

V-Rooms Reviews Recently Reviewed!


Use of V-rooms fo audit support

Nov 30, 2018
5/5
Overall

3 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: easy to install, especially now that the users do not have to install anything.

Cons: cannot open up multiple windows so difficult to compare multiple documents if a user does not have download permission.

Overall: Support is excellent. Staff very helpful at all levels

Vendor Response

by Vault Rooms on December 03, 2018

Thank you for your review. We are working on the multiple windows concern and appreciate your feedback. We value you as our client.
Karen, CEO

M&A Dream Data Room

Apr 18, 2017
4/5
Overall

3 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: Not only is it a great way to store and provide access to data, the program allows you to assign tasks to stakeholders. For example, if your sell side client has been tasked with providing copies of significant contracts...the system allows you to assign that task, remind the client via email and notify you of the status. Alternatively, you can see what the buy side has looked at, when they accesses the data and control what the can do with the data. View only, print or not print.

Cons: Because of multi-level security features, it can be a bit cumbersome making sure you have everything set so that who is supposed to see it can. For example, you can set security by user, by type of user, by document, by user level 1 to 10 etc. It is easy to get confused if you don't set some internal policies on how you set security settings.

Overall: Main Street to Small M&A projects. VRooms gives me the power to run the data collection, due diligence and closing with the system comparable to much more expensive data rooms I used for 35 years as a CFO of a multinational corporations.

Recommendations to other buyers: Great value if you negotiate properly. The business model is per user or seat, but in my world there can be many many users as a deal is closing and then 10 or more drop off when closed. The owners were willing to work with me on pricing to handle this spike. They are a pleasure to work with.

Highly accurate and user friendly. Definitely a reliable tool to manage the company Data.

Aug 08, 2017
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: Reliability, Accuracy, Support and

User friendly. Addiotionally it has a proper file organization inside the system.

Overall: Reliability

Confidence

Accuracy

Excellence

It was not a good fit for our business

Nov 30, 2018
3/5
Overall

2 / 5
Ease of Use

2 / 5
Features & Functionality

4 / 5
Customer Support

1 / 5
Value for Money
Likelihood to Recommend: 4.0/10 Not
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Pros: I liked the hought that we could have all of our clients documents housed in one place and set security prefrences with multiple level access.

Cons: our clients did not find it easy to add their investors to allow access

Overall: Not the best value for our business. We add clients into a portal at the begining stage to house their documents. We do not charge for this service. I was getting billed through V Rooms as soon as their portal was created. The client was not willing or ready to pay sometimes for 33-4 months

Vendor Response

by Vault Rooms on December 03, 2018

Leslye, I would like the opportunity to improve your experience with us. We have made some changes that should help with how you want to use the portal. Please reach out to me.
- Karen, CEO

Worth every penny

Apr 24, 2017
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: Easy of use

Cons: Limited advanced features compared with other more expensive solutions

Overall: V-Rooms provided us with everything we need to manage thousands of documents and their rights of access over a dozen users at a fair price and excellent technical service.

Great Solution

Apr 27, 2017
5/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: ease of use, creating users, uploading documents, managing the documents, etc.

Overall: Our organization has been using V-Rooms since 2013 and the solution has worked out great for our needs.

Excellent Work for Our Deal Team

Apr 18, 2017
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money

Comments: Since the day we signed up for V-Rooms, myself and the deal team have had a very easy time accessing all the documents we needed uploaded. It was essential in getting the deal done, and for the price, I think it was the best option available. Will definitely keep you in mind for future deals!!

Poor Functionality

Feb 16, 2017
5/5
Overall

5 / 5
Ease of Use

1 / 5
Features & Functionality

2 / 5
Customer Support

2 / 5
Value for Money
Likelihood to Recommend: 3.0/10 Not
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Pros: User Friendly

Cons: Adding New Users

Lack of training manual for new users to log into program

Overall: As the manager of the data room, I have experienced numerous problems where a new guest has not received the login email. It's extremely time-consuming to find a work-around.

Very accurate and practical for Data manage and exposure. Mainly because of the Data Amount.

Feb 16, 2017
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money

Comments: Overall a great experiencie, simplifying the way to share corporate information with the financial stake holders. Considering the Data Amount, it wouldn't be feasible to share infromation via email.

V-Rooms is a really convenient solution.