Top Firmex Alternatives

Firmex is a virtual data room built-in cloud, which provides the huge corporations a safe space to share large and confidential documents without shelling out much money and constantly worrying about leaking out sensitive information.

There is a huge global transition where everything is shifting online. However, online security is a major concern, making it complicated for people to adapt. Paperless era has arrived and Firmex took the opportunity to craft a secured space for classified transactions. It integrates new technology which makes it very easy to use.

Firmex was founded by Davies Ward Phillips and Vineberg in 2006. It aimed at providing a safe virtual data room for M&A, corporate finance and procurement. A team of professionals have joined hands to make this experience affordable and worthwhile.

What are virtual data rooms?

It is an online database mostly used for monetary transactions. It is a virtual realm where you can store or file any documents, mainly confidential. It mainly offers various types of digital services, the most important being M&A. When a business deals with another company to merge with it or acquire all rights, vast amounts of documentation and information exchange is required.

To avert any fraudulent activities, the virtual data room provides a safe space to hand over sensitive information and in case of the deal being called off, one can simply terminate the data room access. This prevents the documents from being misused.

Advantages of using Firmex

There are various advantages of using Firmex. They are as follows –

• Effortless design to help you make transactions smoothly.
• Minimal cost for the appreciable service provided.
• It provides you with a free trial and demo which can assure your heart of the choice you’ve made.
• High security along with two-factor authentication.

Firmex’s Vision

Everything is online and high tech, so why not transactions? Physical rooms are nerve-wracking and chaotic with infinite documents and paperwork. Providing a virtual room that gives you the freedom to sit anywhere in the world and carry out important deals at the tip of your fingers.